The Rio Times
Americas · 11 mins ago
Rio Power Utility Light Nears Judicial Recovery Exit After $296 Million Capital Raise
Brazil · Energy Key Facts —Capital increase completed Light finalized a R$1.5 billion (about US$296 million) share subscription on 8 July 2026, satisfying the final condition of its court-approved restructuring plan. —Backers and dilution Reference shareholders BTG Pactual, Ronaldo Cezar Coelho, and Carlos Alberto Sicupira anchored the raise, while non-participating investors face share dilution. —Debt…
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