France's Engie is thought to be considering purchasing assets sold by Electrobras in a bid to expand its presence in Brazil. But eventually it will be natural for the partners, who have the right of first refusal, to end up exercising it,” Bahr said. The Brazilian government has been pushing for the sale of Energetica's stake since last year, when it was revealed that the company had failed to pay taxes on more than $US1 billion (£@@ Mauricio Bahr, Engie Brasil’s chief executive, stated that that company is "open to opportunities, but always conservatively and with financial discipline.”
France's Engie is thought to be considering purchasing assets sold by Electrobras in a bid to expand its presence in Brazil. The Brazilian government has been pushing for the sale of Energetica's stake since last year, when it was revealed that the company had failed to pay taxes on more than $US1 billion (£@@ Mauricio Bahr, Engie Brasil’s chief executive, stated that that company is "open to opportunities, but always conservatively and with financial discipline.”