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El Paso to bring an action against Eletrobras.
From:
South American Business Information
| Date:
May 20, 2003
| COPYRIGHT 2003 COMTEX News Network, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.Copyright information
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Brazil, May 20, 2003 (Gazeta Mercantil/SABI via COMTEX)
The US energy company El Paso Energy, main investor in Brazilian market, has struggled with the state-owned group Eletrobras for the electric power generated in Manaus. The company is also bringing an action against the Parana state government, which aims to break the contract inked by Copel and UEG Araucaria. El Paso informed it has to receive R$60mil from the Amazonas state electric power generator Manaus Energia ...
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El Paso to bring an action against Eletrobras.
South American Business Information
; ... settle the R$20mil debt in six months. Meanwhile it aims to renegotiate the Manaus Energia debt to El Paso Amazonas. Copyright (c) 2003, South American Business Information, All rights reserved. News Provided by COMTEX (http://www.comtexnews.com)
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El Paso and Eletrobras disagree.
South American Business Information
; ... 159 Mw - they generate 40%-60% of the energy consumed in Manaus. El Paso has a debt of R$21.3mil with Manaus Energia. Copyright (c) 2003, South American Business Information, All rights reserved. News Provided by COMTEX (http://www.comtexnews.com)
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El Paso: international industrialization.
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; El Paso: International Industrialization With a population approaching 600,000, El Paso is one of the 70 largest metropolitan areas in the U.S. (using the consolidated metropolitan area definitions), but by this measure, El Paso is dwarfed on its own turf. Ciudad Juarez, located just across the Rio
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El Paso and Eletrobras reach agreement.
South American Business Information
; ... payment of the remainder R$85.8mil in installments of R$20.7mil; R$22mil; R$21.6mil; R$14.5mil and R$7mil respectively. Copyright (c) 2003, South American Business Information, All rights reserved. News Provided by COMTEX (http://www.comtexnews.com)
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