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Cesp to issue stocks.

The America's Intelligence Wire

| September 03, 2004 | COPYRIGHT 2003 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From SABI (South American Business Information) - Gazeta Mercantil)

The Sao Paulo state-owned electric power generator Cesp (Companhia Energetica de Sao Paulo), ranking 3rd in the Brazilian market, may issue new stocks to decrease debt by R$10bil (US$3.4bil), said the chairman of the company's board, Mr. Mauro Arce. The group is also…

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