France 's Engie is thought to be considering buying assets sold by Electrobras in a bid to expand its presence in Brazil . Brazil 's energy sector is putting assets up for sale to cut debt , and the Brazilian government is seeking foreign investment to improve the sector through acquisition of operating licenses . Mauricio Santos , 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. Brazil's power sector is putting assets up for sale to cut debt, and the Brazilian government is seeking foreign investment to improve the economy through sales of operating licenses. Mauricio Bahr, Engie Brasil’s chief executive, stated that that company is "open to opportunities, but always conservatively and with financial discipline.”