Brazil state utility CEEE to sell stakes on wind farms, dams

viernes 12 de febrero de 2016 16:11 GYT

SAO PAULO Feb 12 (Reuters) - Brazil's Companhia Estadual de Energia Elétrica (CEEE), a power utility controlled by the state of Rio Grande do Sul, will sell assets including stakes in wind farms, dams and transmission lines aiming to raise as much as 1 billion reais ($250 million).

CEEE's president Paulo de Tarso told Reuters on Friday that the company plans to use most of the proceeds to repay debt to its controlling shareholder.

($1 = 4.001 reais) (Reporting by Luciano Costa; Writing by Marcelo Teixeira; Editing by Daniel Flynn and Meredith Mazzilli)