The content has been shared, if you want to share this content with other users click here.
Brazilian energy firm Eneva has raised 175mn reais (US$78mn) in the first of a two-stage capital increase for its troubled power generation holdings.
The transaction, brokered by private Brazilian bank Itaú, involved the issuance of 137mn shares valued at 1.27 reais per unit, Eneva said in a statement.
The agreement also included a new debt-restructuring plan and the sale of the Rio de Janeiro-based firm's coal-fired Pecém II plant.
Eneva last week revealed plans to fast-track onshore hydrocarbon development amid fears of a natural gas shortfall at four power plants in the northeastern state of Maranhão.
Meanwhile the 518MW Parnaíba II project, which was due online in March, remains delayed because of gas supply fears.
BNamericas will host its fourth LatAm Power Generation Summit in Santiago, Chile, on August 13-14. Click here to download the agenda.
BNamericas will host its second LatAm Oil & Gas Summit in Houston, Texas, on September 10-11. Click here to download the agenda.