On January 2, 2024, Brazilian Electric Power Co (Eletrobras) completed the sale of its only coal-fired asset, the Candiota thermoelectric complex (350MW), to Âmbar Energia S.A., reducing its CO2 emissions and aligning with its goal for net zero emissions by 2030. This follows prior announcements on September 8, 2023, and December 21, 2023, regarding the transaction.