EBR Centrais Eletricas Brasileiras SA Eletrobras

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SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

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FORM 6-K

 

Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of the

Securities Exchange Act of 1934

 

For the month of May, 2023

 

Commission File Number 1-34129

 

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CENTRAIS ELÉTRICAS BRASILEIRAS S.A. - ELETROBRÁS

(Exact name of registrant as specified in its charter)

BRAZILIAN ELECTRIC POWER COMPANY

(Translation of Registrant's name into English)

Rua da Quitanda, 196 – 24th floor,
Centro, CEP 20091-005,
Rio de Janeiro, RJ, Brazil

(Address of principal executive office)

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 ELÉTRICAS BRASILEIRAS S/A CNPJ: 00.001.180/0001-26 | NIRE: 533.0000085-9 PUBLICY HELD COMPANY

 

 

 Centrais Elétricas Brasileiras S/A (“Companhia” or “Eletrobras”) (B3: ELET3, ELET5 & ELET6; NYSE: EBR & EBR.B; LATIBEX: XELT.O & XELT.B) informs its shareholders and the market in general, in compliance with the provisions of the Comissão de Valores Mobiliários (“CVM”) n° 44, Of August 23, 2021 and, in addition to the market announcement issued by the Company on October 13, 2021, which was published in the Official Journal of the Union , on May 16 , 2023, Administrative Rule no. 730/GM/MME (“Administrative Rule”) of May 15, 2023, Extending for a further 12 (twelve) months, starting from 17.06.2023, the deadline of Administrative Rule no. 556/GM/MME of 6 October 2021, What discipline the attribution of the Empresa Brasileira de Participações em Energia Nuclear e Binacional. (“ENBPar”) as a new operative organ of the National Program for the universalization of the Access and use of Electric Energy (“Program LUZ PARA TODOS”) And the National Program for the universalization of the Access and use of Electric Energy in the Legal Amazon (“Program Mais Luz para a Amazônia”).

 

Under the terms of the Ordinance, the extension will take place through the conclusion of an additive term to the transition Contract and Transfer of Management of the Sectoral Programs and of the BUSA – Union assets under the Administration of Eletrobras  (“Contract”), to be signed between the Company and ENBPar, The conditions for compensation of the administrative costs expressed in the respective operating Manuals and in force at the time of publication of the Ordinance are maintained.

 

The Company clarifies that the conclusion of the abovementioned additive term will be preceded by deliberation by the competent governance bodies.

 

The full Ordinance No 730 is available on the website of the Official Journal of the Union.

 

The Company will keep the market informed about the matter.

 

 

 

Rio de Janeiro, May 16, 2023.

 

 

Elvira Cavalcanti Presta

Vice President of Finance and Investor Relations

 

 

 

 

 

This document may contain estimates and projections that are not statements of past events but reflect beliefs and expectations of our administration and may constitute estimates and projections of future events in accordance with Section 27A of the Securities Act of 1933, as amended, And Section 21E of the Securities and Exchange Act 1934, as amended. The words “believe”, “you will be able”, “you can”, “you will”, “you will”, “anticipates”, “intends”, “expects” and similar aims to identify estimates that necessarily involve risks and uncertainties, known or not. Known risks and uncertainties include, but are not limited to: General economic, regulatory, political and commercial conditions in Brazil and abroad, changes in interest rates, inflation and Real value, changes in volumes and patterns of consumer use of electricity, competitive conditions, our level of indebtedness, the possibility of receiving payments related to our receivables, changes in rainfall and water levels in the reservoirs used to operate our hydroelectric plants, our capital investment and financing plans, existing and future government regulations, And other risks described in our annual report and other documents registered to CVM and SEC. Estimates and projections refer only to the date on which they were expressed and we assume no obligation to update any of these estimates or projections due to the occurrence of new information or future events. The future results of the companies' operations and initiatives may differ from current expectations and the investor should not rely solely on the information contained herein. This material contains calculations that may not reflect accurate results due to rounding.

 

 

 

SIGNATURE

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: May 16, 2023

CENTRAIS ELÉTRICAS BRASILEIRAS S.A. - ELETROBRÁS
By:	/S/ Elvira Baracuhy Cavalcanti Presta
	Elvira Baracuhy Cavalcanti Presta Vice President of Finance and Investor Relations

 

 

FORWARD-LOOKING STATEMENTS

 

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.

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