SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934
For the month of September, 2020
Commission File Number 1-34129
CENTRAIS ELÉTRICAS BRASILEIRAS S.A.
- ELETROBRÁS
(Exact name of registrant as specified in its
charter)
BRAZILIAN ELECTRIC POWER COMPANY
(Translation of Registrant's name into English)
Rua da Quitanda, 196 – 24th floor,
Centro, CEP 20091-005,
Rio de Janeiro, RJ, Brazil
(Address of principal executive office)
Indicate by check mark whether the registrant
files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ___X___ Form 40-F _______
Indicate by check mark whether the registrant
by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule
12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No___X____
MARKET ANNOUNCEMENT
CENTRAIS
ELÉTRICAS BRASILEIRAS S/A
CNPJ: 00.001.180/0001-26 | NIRE: 533.0000085-9
PUBLIC COMPANY
Centrais Elétricas Brasileiras
S/A (“Company” or “Eletrobras”) (B3: ELET3, ELET5 & ELET6; NYSE: EBR & EBR.B; LATIBEX: XELT.O
& XELT.B) hereby informs its shareholders and the market in general, in addition to the Relevant Fact released on April 17,
2020, that concluded, on this date, the transfer of all shares it held from the Special Purpose Company Manaus Transmissora de
Energia SA (“MTE”), corresponding to 49.5% of the total share capital, for Evoltz Participações S.A.
(“Evoltz”), in accordance with the Notice of the Competitive Sale Procedure No. 01/2019, referring to“ Lot 6
”, using the rules of Decree 9,188/2017, which establishes rules of governance, transparency and good market practices for
the adoption of a special asset divestment regime.
For the sale, Eletrobras received the
updated amount in the form of the Notice of R$ 251,102,988.26 (two hundred and fifty-one million, one hundred and two thousand,
nine hundred and eighty-eight reais and twenty-six cents), already corrected until September 3, 2020. The sale referred to in this
Market Announcement was approved by the Administrative Council for Economic Defense - CADE (“CADE”) on May 13, 2020,
according to decision published in the Federal Official Gazette on May 22, 2020 .
The aforementioned operation represents
one of the initiatives related to the 2020/2024 Business and Management Master Plan (“PDNG 2020/2024), disclosed to the market
through a Relevant Fact on March 27, 2020.
Rio de Janeiro, September 03, 2020
Elvira Cavalcanti Presta
CFO and Investor Relations Officer
This document may contain estimates and projections
that are not statements of fact that occurred in the past but reflect our management beliefs and expectations and may constitute
forward-looking statements and estimates under Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities
and Exchange Act of 1934, as amended. The words "believe", "may", "may", "estimate", "continue",
"anticipate", "intend", "expect" and the like are intended to identify estimates that necessarily
involve risks and uncertainties, known or unknown . Known risks and uncertainties include, but are not limited to: general economic,
regulatory, political and commercial conditions in Brazil and abroad, changes in interest rates, inflation and value of the Real,
changes in volumes and the pattern of electric energy use by consumer, competitive conditions, our level of indebtedness, the possibility
of receiving payments related to our receivables, changes in rainfall and water levels in the reservoirs used to operate our hydroelectric
power plants, our financing and capital investment plans, existing and future government regulations , and other risks described
in our annual report and other documents filed with CVM and SEC. Estimates and projections refer only to the date they were expressed
and we assume no obligation to update any of these estimates or projections due to the occurrence of new information or future
events. Future results of the Company's operations and initiatives may differ from current expectations and the investor should
not rely solely on the information contained herein. This material contains calculations that may not reflect accurate results
due to rounding.
SIGNATURE
Pursuant to the
requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
Date: September 3, 2020
CENTRAIS ELÉTRICAS BRASILEIRAS S.A. - ELETROBRÁS
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By:
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/S/ Elvira Baracuhy Cavalcanti Presta
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Elvira Baracuhy Cavalcanti Presta
CFO and Investor Relations Officer
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FORWARD-LOOKING STATEMENTS
This press release may contain forward-looking
statements. These statements are statements that are not historical facts, and are based on management's current view and estimates
offuture economic circumstances, industry conditions, company performance and financial results. The words "anticipates",
"believes", "estimates", "expects", "plans" and similar expressions, as they relate to
the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends,
the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations
and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements.
Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee
that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including
general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors
could cause actual results to differ materially from current expectations.
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