home Existing Fleet, U Brazil’s Angra 3 nuclear power project still viable without Eletrobras’ backing, exec says

Brazil’s Angra 3 nuclear power project still viable without Eletrobras’ backing, exec says

Brazil’s state-run nuclear company Eletronuclear would be able to complete its Angra 3 plant even after energy giant Eletrobras (ELET6.SA), opens new tab sells its minority stake in the firm, Eletronuclear CEO Raul Lycurgo told Reuters on Friday.
The remarks come as formerly state-run Eletrobras moves to sell the 35% common-share stake it maintained in Eletronuclear after transferring control of the nuclear firm to state-owned ENBPar as part of its privatization process in 2022.
Source: Reauters