Brazil Power Wizard Takes Center Stage in Eletrobras Shock – is Petrobras next?

It took less than 10 days to decide to privatize Latin America’s largest power company.

Fortunately for the Brazilian government, with its fiscal accounts in dire straits, it already had someone enthusiastic for the job. When the Energy Ministry came to him with the proposal, Eletrobras Chief Executive Officer Wilson Ferreira Jr. jumped on board to take charge.

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