Overview

• Âmbar will hold 68% of Eletronuclear’s total capital and 35.3% of voting capital, while the Union, via ENBPar, remains the controller with 64.7% of voting rights and about 32% of total capital.
• The buyer will assume guarantees previously provided by Eletrobras and take on responsibility for R$2.4 billion in debentures under a conciliation agreement with the federal government.
• Eletrobras said the divestment stems from a competitive process launched in 2023 and led it to book an approximately R$7 billion provision in the third quarter of 2025.
• Completion of the transaction depends on approvals from relevant regulators and customary closing conditions.
• Eletronuclear operates Angra 1 and 2 and is building Angra 3, and the Mines and Energy Ministry has warned of financial strain and insolvency risk at the company.