Friday, February 18, 2011

Miscarriage Mucus Plug

financial problems: Bertin attracts participation back to Belo Monte

Gaia Energy, eine Tochtergesellschaft des Kühlriesen Bertin, Zog die Beteiligung am Wasserkraftwerksbau Belo Monte zurück, weil sie nicht of nötige Capital can afford. The decision was yesterday (16.2.) By the Group and other interested parties met in the consortium Norte Energia.

"We decided to make use of our way to a 9% stake in Monte Belo no use," said José Malta, president of the Energia Bertin, and assured that the company is to be feared, therefore neither fine nor shares in the market would sell. He pointed out that the group continues to at least 1.25% of the construction company Contern at Belo Monte is a party.

"Our retirement does not mean that Belo Monte would not be feasible or bad," said Malta. Rather, it is the strategy the company to complete ongoing power projects. It is currently involved in 31 projects (28 power plants for oil and natural gas and three for renewable energy) with a capacity of 6,000 MW. Work with an investment of R $ 7 billion should be completed by 2014.

The company was recently in the media because it is not the deadline for the completion of six thermoelectric power plants could meet. The works should be since the end of January in operation but the building was not even started yet. The National Agency of Electrical Energy (Aneel) for the delay imposed a fine of R $ 1.2 million. The company appealed against appeal one and said the agency would be to the award of projects have been too slow.

also imposed the chamber for the electricity (CCEE) Bertin against a fine of R $ 400 million because they had not deposited the agreed financial security. The group will now have to buy on the market power to meet its obligations.

Bertin is active in the food and refrigeration industry and was involved in Belo Monte, at current rates to come. The company had financial problems in 2008. At that time it was collected by the National Development Bank and merged with JBS the world's largest frozen food chain. Bertin has always worry about money und sich in mehreren musstia Bundesstaaten vor Gericht verantworten .

Estadao, 02/17/2011
Bertin society gives up in Belo Monte
Group says that withdrawal is associated with the company's strategy to focus its energies on completing projects thermoelectric

O Globo, 02/17/2011
Belo Monte : output Bertin makes work even more confusing

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