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About the company

Brazilian Electric Power Co is a Brazil-based energy company. It generates and transmits the electric power across Brazil through regional subsidiaries and numerous Special Purpose Entities (SPE). Most of the Company’s installed capacity derives from low-carbon energy sources: hydro, wind, solar and nuclear. The Company’s activities can be divided into four operation areas: Energy Generation, Energy Transmission, Energy Efficiency and Governmental Programs. Brazilian Electric Power Co manages three programs of the Brazilian government in the electrical energy sector: the National Electrical Energy Conservation Program, the National Program for Universalization of Access and Use of Electrical Energy and the More Light for the Amazon Program. The Company has several subsidiaries, including Companhia de Geracao e Transmissao de Energia Eletrica do Sul do Brasil Eletrobras CGT Eletrosul, Companhia Hidro Eletrica do Sao Francisco and Centrais Eletricas do Norte do Brasil SA Eletronorte.

  • Revenue in BRL (TTM)38.08bn
  • Net income in BRL10.16bn
  • Incorporated1962
  • Employees8.33k
  • Location
    Centrais Eletricas Brasileiras SARua da Quitanda, 196 - CentroRIO DE JANEIRO 20.091-005BrazilBRA
  • Phone+55 2 125145151
  • Fax+55 6 133297315
  • Websitehttps://eletrobras.com/
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Mergers & acquisitions

Acquired companyDeal statusDateDate /
Deal status
ELET6:SAO since
announced
Transaction
value
Vale Do Sao Bartolomeu Transmissora De Energia SaAnnounced03 Oct 202403 Oct 2024Announced-8.94%6.67m
Data delayed at least 15 minutes, as of Nov 22 2024 21:40 GMT.

Institutional shareholders

22.08%Per cent of shares held by top holders
HolderShares% Held
GIC Pte Ltd. (Investment Management)as of 31 Dec 2023129.67m6.42%
Banco Classico SA (Investment Management)as of 30 Jun 202465.54m3.24%
The Vanguard Group, Inc.as of 30 Sep 202446.96m2.32%
BlackRock Fund Advisorsas of 07 Nov 202441.04m2.03%
Caixa DTVM SAas of 31 Dec 202338.03m1.88%
GQG Partners LLCas of 30 Sep 202435.68m1.77%
BB Gest�o de Recursos DTVM SAas of 30 Jun 202429.09m1.44%
Ita� Unibanco Asset Management Ltda.as of 07 Nov 202426.02m1.29%
Caixa de Previd�ncia dos Funcion�rios do Banco do Brasilas of 31 Dec 202318.75m0.93%
BlackRock Advisors (UK) Ltd.as of 08 Nov 202415.44m0.76%
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Data from 30 Jun 2024 - 13 Nov 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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