April 11, 2018 / 12:44 AM / 12 days ago

Brazil committed to Eletrobras privatization -finance minister

BRASILIA, April 10 (Reuters) - Brazil is committed to the privatization of state-controlled power utility Centrais Elétricas Brasileiras SA, new Finance Minister Eduardo Guardia told local television in his first interview after taking office on Tuesday.

The government estimated it could raise 12.2 billion reais ($3.6 billion) in additional revenue from the privatization of Eletrobras, as the company is known.

$1 = 3.41 reais Reporting by Bruno Federowski; Editing by Sandra Maler

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