Petrobras, following up on the release disclosed on February 23, 2024, in which it reported the signing of the contract for the sale of its 18.8% stake in the share capital of UEG Araucária S.A. (UEGA) to Ambar Energia S.A., announces today that it has closed the transaction.
This transaction was carried out by Petrobras exercising its tag-along rights and adhering, as the seller, to the Share Purchase Agreement signed by COPEL and COPEL GET, Petrobras’ partners in UEGA, for the sale of their respective shareholdings.
Once the conditions precedent had been met, the operation was concluded today with the payment of R$ 47,3 million to Petrobras, already with the adjustments provided for in the sale contract. The total amount received by Petrobras in the transaction was R$ 60,7 million, considering the payment made on
the signing date.
As a minority shareholder, UEGA has no Petrobras employees.
About UEGA
UEGA’s asset is a natural gas power plant (combined cycle, with two gas turbines and one steam turbine) located in Araucária, PR, close to the Bolivia-Brazil gas pipeline (GASBOL). It started operating in 2002 and has a total installed capacity of 484 MW.
Brazil Energy Insight 
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