Topic: Privatisations

Belgian investor increases stake in Bolivia-Brazil gas pipeline

Linklaters in Brussels and London and Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados in São Paulo have helped Belgian energy company Fluxys acquire a minority interest in the Bolivia-Brazil natural gas pipeline, GASBOL, from the Brazilian subsidiary of French oil and gas group Total.

28 May 2021

Pinheiro Neto steers Petrobras’ final divestment of local gas pipeline

Pinheiro Neto Advogados has helped an investment fund, controlled by Canadian investor Brookfield and Brazilian finance group Itaúsa, pay 1.8 billion reais (US$340 million) for Petrobras’ remaining stake in local gas pipeline operator Nova Transportadora do Sudeste.

24 May 2021

Canada’s CPP invests in Brazilian sanitation company

Cescon, Barrieu, Flesch & Barreto Advogados and Stocche Forbes Advogados have helped the Canada Pension Plan Investment Board (CPP Investments) acquire a minority stake in Brazilian water and sanitation company Iguá for 1.2 billion reais (US$228 million).

20 May 2021

Several firms steer Brazil’s largest water privatisation

Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados and Mundie Advogados have helped Brazilian water company Aegea Saneamento team up with local and international investors to form a consortium and win a 15.4 billion (US$2.9 billion) public bid for water projects in Rio de Janeiro.

13 May 2021

Machado Meyer steers Caixapar’s final divestment of Banco Pan

Machado Meyer Advogados has helped a division of Brazilian state-owned bank Caixa Econômica Federal divest its remaining stake in Banco Pan for US$660 million.

13 April 2021

Stocche Forbes, Ulhôa Canto and Machado Meyer in CEEE-D privatisation

Stocche Forbes Advogados and Ulhôa Canto, Rezende e Guerra Advogados have helped Brazilian power company Equatorial Energia acquire state-run electricity distributor Companhia Estadual de Distribuicao de Energia Eletrica (CEEE-D) and assume its 7 billion reais (US$1.2 billion) debt pile, in one of Brazil’s latest privatisations.

09 April 2021

Brazil sees first non-Petrobras gas transportation contract

Tauil & Chequer Advogados in association with Mayer Brown has helped Brazilian gas company TAG sign the country’s first ever natural gas transportation contract – in which Petrobras is not the transporter – with chemicals company Proquigel.

22 February 2021

Cemig turns off Light in share offering

Brazilian electricity company Light has called on Milbank in São Paulo and New York and local firm Mattos Filho, Veiga Filho, Marrey Jr e Quiroga Advogados to issue shares in a primary and secondary offering for 2.7 billion reais (US$507 million), in which state-owned Cemig sold its entire stake in the company.

05 February 2021

Brazilian firms cement Petrobras divestment of Liquigás

Several Brazilian firms have helped a group of companies led by local investor Itaúsa acquire Petrobras’ former gas distribution company, Liquigás, after placing a joint winning bid of 4 billion reais (US$770 million) for the assets.

11 January 2021

Neoenergia makes winning bid for Brasília power distributor

Machado Meyer Advogados has helped Brazil's Neoenergia buy state-owned utilities company CEB Distribuição in an auction for 2.5 billion reais (US$492 million).

15 December 2020

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