ANEEL Establishes New Rules for Approval of Change In Corporate Control
20 June 2012
Tauil & Chequer Legal Update
Pursuant to Resolution No. 484, of April 24, 2012, the Brazilian Electric Energy Agency (“ANEEL”) established new rules for approval of changes in corporate control of concessionaires, permission holders and authorized firms for electric energy services and facilities. The new rules eliminate the insecurity arising out of the differences among provisions of concession agreements and authorizations granted by the agency.