PRESS RELEASE
2 January 2025

Tauil & Chequer Advogados Advises Eletrobras On Securing Full Control Of Eletronet

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Mayer Brown

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Mayer Brown is a distinctively global law firm, uniquely positioned to advise the world’s leading companies and financial institutions on their most complex deals and disputes. We have deep experience in high-stakes litigation and complex transactions across industry sectors, including our signature strength, the global financial services industry.
Tauil & Chequer Advogados in association with Mayer Brown advised Eletrobras on the acquisition of 51% of Eletronet's share capital, previously held by LT Bandeirante. Upon closing the transaction
United States

Tauil & Chequer Advogados in association with Mayer Brown advised Eletrobras on the acquisition of 51% of Eletronet's share capital, previously held by LT Bandeirante. Upon closing the transaction, the Eletrobras Group will hold 100% of Eletronet's share capital, as it already owns a 49% stake in the company.

This acquisition will enable Eletrobras to leverage commercial synergies through cross-selling opportunities between energy and data transport sectors (e.g., data centers, service providers, artificial intelligence, etc.).

The transaction reinforces Eletrobras' commitment to optimizing minority interests, simplifying the structure, generating value and focusing on capital discipline, as provided for in its strategic plan.

The team was led by partner Bruno Salzano and associate Rafael Hochman, both from the Corporate and M&A, and Infrastructure practices. Also participating were partner Débora Yanasse from the Energy practice, as well as partner Henrique Rocha and associate Luiza Brumati from the Public and Administrative Law practice.

Contributor

Mayer Brown is a distinctively global law firm, uniquely positioned to advise the world’s leading companies and financial institutions on their most complex deals and disputes. We have deep experience in high-stakes litigation and complex transactions across industry sectors, including our signature strength, the global financial services industry.

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