Brazil's CEEE to sell stakes in Wind Farms, Dams
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. Several Brazilian states are facing serious financial problems, including Rio Grande do Sul and Rio de Janeiro. Due to the situation, power market participants believed there was a strong possibility of privatization for CEEE. "This is not in the radar. It is not the instruction we received from the controlling shareholder," said the company's president.
P-53 moored in the Port of Rio Grande
The hull of the P-53 arrived off the coast of Rio Grande (state of Rio Grande do Sul) on September 4 and was berthed to the QUIP´s Quay (Port of Rio Grande) on September 20, according to Petrobras. Hundreds of people, among whom Rio Grande and neighboring town residents, witnessed the vessel's arrival. For safety reasons, the local power utility, the Companhia Estadual de Energia Elétrica (CEEE), interrupted power supply to the city of São José do Norte during the P-53's passage under the aerial cables that supply the town. The platform's entrance in the port's channel, initially scheduled for September 10, was postponed for a few days due to operational problems of tugs during the hull-towage arrangement maneuverability tests and…
