May 3, 2018 / 10:10 PM / a year ago

Brazil's CPFL eyes Eletrobras distributors on sale - sources

SAO PAULO/RIO DE JANEIRO, May 3 (Reuters) - Brazil’s CPFL Energia SA is eying distribution assets put on sale by state-run utility Centrais Elétricas Brasileiras SA in the northeast of Brazil, three sources with knowledge of the matter said on Thursday.

The loss-making assets, which Eletrobras intends to sell this year, could eventually turn a profit if run by owners willing to invest in them, the sources said. (Reporting by Luciano Costa in São Paulo and Rodrigo Viga Gaier in Rio de Janeiro Editing by Tom Brown)

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