State Grid Corporation of China is seeking acquisition of stakes in Celg Distribuição S.A. from Centrais Elétricas Brasileiras S.A. - Eletrobras (BOVESPA:ELET6). China's State Grid said on July 17, 2015 that it is considering buying electricity distribution stakes belonging to Brazil's state-run power group Eletrobras. Eletrobras is reportedly preparing to merge distribution subsidiaries with a view to selling them to private firms. Goi’s state utility Celg Distribuição S.A.is to date the only company that Eletrobras has confirmed will be privatized. "We are going to keep an eye on market opportunities," State Grid Operations Chief Ramon Haddad told reporters. "Celg will be the first and for that reason it's the first we are going to analyze. We will see what becomes available.