Moody's: Lower costs and higher consumption drive Brazil's electricity industry outlook
Sao Paulo, December 08, 2016-- The outlook for Brazil's electricity industry in 2017 is stable, as lower costs support the country's electricity generating companies and a mild recovery in consumption supports power distributors, says Moody's Investors Service in a report. Moody's expects that Brazil's economy will gradually return to growth next year, increasing demand for electricity. Nonetheless, distributors will continue to have an oversupply of energy leading to...
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