ELETROBRAS

Centrais Eletricas Brasileiras SA - Eletrobras is a Brazil-based holding company engaged in the electric power generation, transmission, and distribution. The Company operates and maintains hydroelectric power plants, thermal power plants, nuclear power plants and wind/solar power plants. The Company acts as an agent for managing and investing government funds related to the energy sector, such as the Global Reversion Reserve (RGR), Fuel Consumption Account (CCC) and Energy Development Account... (CDE). The Company also manages government programs, such as the National Electric Energy Conservation Program (Procel), the National Program for the Universalization of Access and Use of Electricity (Luz Para Todos) and the Alternative Energy Sources Incentive Program (Proninfa). In October 2013, the Company acquired a 50% stake in the share capital of Rouar SA, held by Administracion Nacional de Usinas y Transmisiones Electricas UTE. They also operate in the segments of commercialization and energy efficiency, as well as programs such as Procel, Luz para Todos (Light for All) and Proinfa.More