Augusto Miranda, President of Equatorial Energia S.A. (BOVESPA:EQTL3), stated on March 25, 2021 that the company has considered a range of investment opportunities for its expansion, including possible interest in the privatisation of Companhia Estadual de Águas e Esgotos - CEDAE and Companhia Estadual de Distribuição de Energia Elétrica (BOVESPA:CEED3). The former is still in preparation stages, whilst the latter is due to be auctioned on March 31, 2021. Equatorial Energia has recently strengthened its merger and acquisitions area with a view to expanding with new business.

Miranda also stated that the company is analysing a pipeline of projects, but not further details have yet been divulged.