Centrais Elétricas Brasileiras SA, the Brazilian power company known as Eletrobras, has drawn preliminary interest from Chinese state-owned enterprises for its stake in nuclear firm Eletronuclear, according to people with knowledge of the matter.
Prospective bidders include China National Nuclear Corp., China General Nuclear Power Group and State Nuclear Power Technology Corp., the people said, asking not to be identified because the information is private. Rio de Janeiro-based Eletrobras is working with financial advisers as it weighs a sale of its roughly 36% stake in Eletronuclear’s voting capital, and 68% of the company’s total capital, the people ...
