STXNEWS LATAM-Brazil's Eletrobras says to invest $4.05 bln in 2014
Brazil's state-run electrical utility holding company Centrais Eletricas Brasileiras SA, or Eletrobras, plans to invest 9.64 billion reais ($4.05 billion) in 2014, the Rio de Janeiro-based company said on Friday. When investments by its partners are included, planned 2014 investments in the Eletrobras system rise to 13.89 billion reais, the company said. Eletrobras is Latin America's largest utility.
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