Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ___X___ Form 40-F _______
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No___X____
MARKET ANNOUNCEMENT |
CENTRAIS ELETRICAS BRASILEIRAS S/A
CNPJ: 00.001.180/0001-26
PUBLIC COMPANY
Centrais Elétricas Brasileiras S/A (“Company” or “Eletrobras”) in addition to the Market Announcement dated June 5, 2017, informs its shareholders and the market in general that, on this date, its subsidiary Eletrosul Centrais Elétricas S.A. ("Eletrosul") signed the Structure Agreement with Shanghai Electric Group Co. Ltd. and CHINA-LAC Industrial Cooperation Investiment Fund Co. Ltd, with the intervening of Eletrobras.
The purpose of the above-mentioned agreement is the transfer of 100% (one hundred percent) of electric power transmission projects, object of ANEEL concession contract No. 001/2015 (ANEEL Auction No. 004/2014 - Lot A), for the Specific Purpose Company (SPE) to be created by Shanghai Electric, as well as the conditions for the constitution of future partnership in the referred SPE. Such transfer depends on the approval by the Brazilian regulatory agencies, according to applicable legislation.
This asset is within the scope of the Business and Management Master Plan ("PDNG") 2017-2021, disclosed to the market through the Relevant Fact of November 17, 2016.
Rio de Janeiro, November 17, 2017.
Armando Casado de Araujo
CFO and Investor Relations Officer
CENTRAIS ELÉTRICAS BRASILEIRAS S.A. - ELETROBRÁS | ||
By: |
/S/ Armando Casado de Araujo
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Armando Casado de Araujo
Chief Financial and Investor Relation Officer |
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates offuture economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.