Light Energia, the generation and transmission subsidiary of power holding company Light in the South American nation, has filed a request with local stock exchange watchdog CVM to become a publicly traded company, SeeNews Latin America reports.

In September, the firm’s board of directors cleared the move, the report confirmed.

Its generation portfolio comprises five hydroelectric plants, with a combined capacity of 853 MW. The hydro plants are located in southeastern Rio de Janeiro, Minas Gerais and Sao Paulo states.

The company also operates a 115 km electricity transmission line.

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