Topic: Privatisations

Rio Grande do Sul finalises energy privatisation in Brazil

Machado Meyer Advogados has helped the southern Brazilian state of Rio Grande do Sul divest its entire stake in government-run power generation company CEEE-G, which is the final entity to be auctioned off in that state’s energy privatisation process.

08 August 2022

Brazil privatises Eletrobras

Brazilian state-owned development bank BNDES has hired Shearman & Sterling LLP in São Paulo and New York and local firms Lefosse and Tauil & Chequer Advogados in association with Mayer Brown to reduce its stake in Eletrobras through a 33.7 billion reais (US$6.9 billion) offering – the largest Brazilian privatisation in two decades.

20 June 2022

Which law firms were the most popular in 2021?

Featured in Who represents Latin America's biggest companies 2021?

The boom of innovative transactions in 2021, such as IPOs and hybrid bond issuances, ensured that leading Latin American companies kept their external advisers on hand as they waded through an increasingly complex raft of legal matters.

11 April 2022

Three firms guide Brazil’s first port privatisation

Lobo de Rizzo Advogados has helped Brazilian asset manager Quadra Capital win a bid for a concession relating to two ports in the eastern Brazilian state of Espírito Santo, marking the country’s first port privatisation.

07 April 2022

Cescon Barrieu and Rolim Viotti in Goiás power privatisation

Portuguese energy conglomerate EDP has enlisted Cescon, Barrieu, Flesch & Barreto Advogados to buy Brazilian state-owned electricity company Celg Transmissão (Celg-T) in a privatisation deal worth 1.9 billion reais (US$361 million).

09 November 2021

Cescon Barrieu stars in CEEE-T privatisation financing

Brazil’s CPFL Energia has enlisted Cescon, Barrieu, Flesch & Barreto Advogados to raise 960 million reais (US$175 million) in a debt issuance, which the company will use to pay for its acquisition of state-owned power supplier CEEE-T.

19 October 2021

TozziniFreire helps Canada’s OTPP buy assets from Eletronorte

Brazil’s TozziniFreire Advogados has helped the local holding company of Canada’s Ontario Teachers’ Pension Plan Board (OTPP) acquire transmission line assets from Brazilian state-owned power group Eletronorte for 700 million reais (US$132 million).

21 September 2021

Brazilian investor pays US$460 million for Copel in B3 auction

Brazilian private equity group, Fundo Bordeaux, has hired Cascione Pulino Boulos Advogados and Wald, Antunes, Vita, Longo e Blattner Advogados to acquire Paraná state-owned telecommunications company Copel for 2.4 billion reais (US$460 million).

03 September 2021

Cosan subsidiary buys gas assets in Petrobras divestment

Machado Meyer Advogados has helped Brazilian state-owned oil company Petrobras divest its remaining stake in gas distribution subsidiary Gaspetro, selling it to the energy business of local conglomerate Cosan for 2 billion reais (US$394 million).

05 August 2021

Pinheiro Neto and Machado Meyer steer CEEE-T power privatisation

Pinheiro Neto Advogados has helped CPFL Energia acquire a power transmission company from Brazil’s southern state of Rio Grande do Sul at an auction, after placing a winning bid of 2.67 billion reais (US$511 million).

22 July 2021

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