Eletrobras and Petrobras Drive Major Corporate Developments in Brazil Today

INSUBCONTINENT EXCLUSIVE:
This Thursday, Brazilian firms Eletrobras and Petrobras advanced their sustainable energy initiatives and international
partnerships.Eletrobras (ELET3) plans to secure up to R$10.9 billion (about $2 billion) through various funding strategies.Eletrobras is
securing R$4 billion from Citibank N.A
in Brazil Today
state-owned enterprise and Chinese firms.Additional corporate updates include:Engie (EGIE3) has greenlighted a debenture issuance worth R$2
to fine-tune investment strategies.Cosan (CSAN3) announced Blackrock now holds 5.531% of its shares, including ADRs and derivatives
representing 0.106% of shares.Aegea, a sanitation firm, plans to issue R$750 million in debentures with a five-year maturity, expecting to
settle this issuance later in the month.These steps underscore a trend among Brazilian firms to use international partnerships and financial
tools for growth and sustainability.