PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

601051

Primary Business Area

Cross-Industry Advisory Services

Disclosure Date

Sep 28, 2015

Country

Brazil

Region

Latin America and the Caribbean

IFC Approval Date

Jul 13, 2015

Status

Active

Estimated Total Budget

$2,322,211.00
(Project budget includes all project-funded activities)

Last Updated Date

Jun 11, 2026

Project Estimated End Date

Apr 29, 2016

Project Description

IFC has been retained as a Transaction Advisor by BNDES (the Brazilian National Development Bank) to structure and implement the sale of a controlling interest in CELG-D, an energy distribution Company owned by Eletrobras and the State of Goais. The objective of the project is to incorporate a private operator to modernize and expand the facilities, to improve the quality of services provided, and to meet the growing demand of electricity in the State of Goais.

Development Results

E&S Risks / Impacts and Mitigation