The Brazilian Ministry of Mines and Energy has confirmed that the government is to provide a capitalisation of around BRL 6 billion to Centrais Elétricas Brasileiras S.A. - Eletrobras (BOVESPA:ELET6). The funds are intended to support the Eletrobras's privatisation process for six subsidiaries through the renewal of concession contracts. These include Companhia Energética do Piauí (Cepisa), Companhia Energética de Alagoas (Ceal), Centrais Elétricas de Rondônia SA (Ceron), Eletroacre, Boa Vista Energia SA, and Companhia Energetica Do Amazonas S.A. The manner in which the capitalisation will take place is still being studied, according to the Ministry.