Eletrobras(EBR) - 2023 Q2 - Quarterly Report

Filing Information Provides administrative details for Centrais Elétricas Brasileiras S.A. - ELETROBRÁS's Form 6-K filing as a foreign private issuer SEC Filing Details This section outlines the administrative information for the Form 6-K filing by Centrais Elétricas Brasileiras S.A. - ELETROBRÁS, a foreign private issuer, for June 2023 - Registrant: Centrais Elétricas Brasileiras S.A. - ELETROBRÁS (Brazilian Electric Power Company)[1] - Filing Type: Form 6-K, Report of Foreign Private Issuer, for the month of June 2023[1] - Annual reports are filed under Form 20-F[2] Market Announcement: Transmission Auction Win Details Eletrobras's subsidiary Furnas winning Lot 4 in a transmission auction, securing a 30-year concession for a significant project Auction Results and Project Details Eletrobras, through its subsidiary Furnas, successfully won Lot 4 in Transmission Auction No. 01/2023, securing a 30-year concession for a significant transmission line project in Minas Gerais - Eletrobras subsidiary Furnas won Lot 4 in Transmission Auction No. 01/2023, promoted by the National Electric Energy Agency (ANEEL)[4] Lot 4 Transmission Auction Details | Characteristic | Location | RAP Maximum (R$ million) | RAP Purchased (R$ million) | Discount (%) | Capex ANEEL (R$ million) | Deadline (months) | | :--- | :--- | :--- | :--- | :--- | :--- | :--- | | LT 500 kV Janaúba 6 - Presidente Juscelino – 300 km | MG | 126.65 | 68.70 | 45.75 | 786.62 | 60 | - The concession period for Lot 4 is 30 years, covering licensing, construction, and operation[4] Strategic Implications and Company Outlook The acquisition of Lot 4 is fundamental for renewable energy distribution, enhances asset management, and generates operational synergies, aligning with Eletrobras's diversification and revenue growth strategy - The new lot is fundamental for distributing renewable energy in the Northeast region and improving national portfolio asset management[4] - Eletrobras anticipates operational and technical synergies with its current transmission assets, which include 73,946 km of line and R$ 13.8 billion in annual revenue (LTM)[4] - The Company continues its portfolio diversification plan, recomposition, and extension of transmission revenues, reinforcing investment capacity and aiming to maximize shareholder returns[5] - A videoconference was scheduled for June 30, 2023, at 4 pm (Brasilia time) to discuss the operation[5] Disclaimers and Signatures Presents standard disclaimers regarding forward-looking statements and confirms the official signing of the report Forward-Looking Statements and Estimates Disclaimer This section provides standard disclaimers regarding forward-looking statements and estimates, highlighting that they reflect management's current beliefs and expectations, involve inherent risks, and are not guarantees of future results - The document contains estimates and projections that are not statements of past events but reflect management's beliefs and expectations of future events[7] - Forward-looking statements involve known and unknown risks and uncertainties, including general economic, regulatory, political, and commercial conditions, interest rates, inflation, and changes in electricity use[7][10] - The company assumes no obligation to update any estimates or projections due to new information or future events, and actual results may differ materially from current expectations[7][10] Signature This section confirms the official signing of the report on behalf of Centrais Elétricas Brasileiras S.A. - ELETROBRÁS by its Vice President of Finance and Investor Relations - The report was signed on June 30, 2023, by Elvira Baracuhy Cavalcanti Presta, Vice President of Finance and Investor Relations[9]