Brazil's Eletrobras Plans $5.6 Billion in Investments in 2014

CORDOBA, ARGENTINA--December 20, 2013--Researched by Industrial Info Resources Latin America (Cordoba, Argentina)--Centrais Eletricas Brasileiras (NYSE:EBR) (Eletrobras) (Rio de Janeiro, Brazil) plans to invest $5.6 billion in 2014, an increase of more than 15% from the $4.71 billion invested in 2013. Eletrobras has 16 generation projects that should be operational by 2014. In fact, a total of $12.18 billion has been invested in Brazilian generation projects that will start up next year.