The shareholders of two subsidiaries of Brazil's federal power utility, Centrais Eletricas Brasileiras SA (Eletrobras)—Eletrosul Centrais Elétricas S.A. (Eletrosul) and Companhia de Geracao Termica de Energia Eletrica (CGTEE)—have approved at Extraordinary General Meetings held on January 1, 2020, the merger of both companies
