Eletrobras (NYSE:EBR) has announced the completion of agreements with Âmbar Energia for the sale of its thermoelectric portfolio worth R$ 4.7 billion.

The portfolio, with a total installed capacity of 2 GW, was transferred without any debt or cash.

The deal started in July 2023 and includes the last thermoelectric assets of Eletrobras in operation.

Additionally, two collateral agreements were signed, aligning with the company's optimization and risk management plan.

Eletrobras now looks forward to advancing its net zero 2030 goal.