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Light exits judicial recovery, plans R$10B investment by 2030

A Rio de Janeiro court terminated Light's judicial recovery on Wednesday, allowing the Brazilian utility to pursue cash efficiency measures including internalizing outsourced teams. The company forecasts R$10 billion in investments by 2030, signaling a turnaround after financial distress. The decision is confirmed, but the investment forecast is a company projection and subject to execution risk.

Valor Econômicoabout 9 hours agoBRCredibility 44%View source

Score Breakdown

Mosaic Score5.0
Confidence0.5
Significance0.5
Source credibility0.4

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Rio de Janeiro

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country
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