#ASEDEYHOT – MARACANA TO LIGHT UP AGAIN AS BILLS ARE SETTLED

Maracana Stadium Brazil_rendering 05_courtesy SEObras_Erica Ramalho

The legendary Maracana stadium is expected to get its electricity switched back on after managers Odebrecht agreed on Friday to pay much of the outstanding bill.

The stadium, which hosted the 2014 World Cup final and the opening and closing ceremonies of the 2016 Olympic Games, was plunged into darkness last-week after Light, the Rio de Janeiro electricity company, cut power due to unpaid bills.

Odebrecht, which holds a 95 per cent stake in the consortium that owns the rights to run the arena, owes Light 1.3 million reais (US$412,000) and has agreed to pay most of that debt.

The consortium “is going to pay a debt of 1 million reais with Light,” Odebrecht said in a statement.

The total unpaid bill is 3 million reais with Olympic organisers owing 1.7 million reais. Light said Rio had agreed to pay their part and were negotiating details.

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Jeriah Udi

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