- CEO
- Alexandre Nogueira Ferreira
- Full Time Employees
- 6,832
- Sector
- Utilities
- Industry
- Electric utilities
- Address
- Rua Marechal Floriano, nº 168 Rio de Janeiro RJ Brazil 20080-002
- IPO Date
- Dec 12, 2005
- Business
- Light S.A. (LIGT3.SA) is a Brazil-based holding company engaged in the generation, transmission, distribution and commercialization of electric power, primarily operating through subsidiaries in the state of Rio de Janeiro; its core activities encompass electricity distribution to approximately 4.3 million consumer units serving 11.6 million people across 31 municipalities including the Rio de Janeiro Metropolitan Area via 87,706 km of lines, hydroelectric power generation from plants such as Pereira Passos, Nilo Peçanha, Ilha dos Pombos, Santa Branca and Fontes Nova with 855 MW installed capacity, energy trading in the unregulated market, and related services including smart grid technologies, automation, energy efficiency management and consulting. Light Serviços de Eletricidade S.A. (Light SESA) handles distribution with 25,082 GWh sold in recent periods primarily to residential (51.8-62.5%), commercial (26.7-27.4%), industrial (2.6-21.6%) and other customers; Light Energia S.A. manages generation; LightCom Comercializadora de Energia S.A. oversees trading; and additional units like Light Conecta Ltda., Light Soluções em Eletricidade Ltda. support connectivity, services and institutional initiatives. Founded in 1899 and headquartered in Rio de Janeiro, the company targets captive and free markets in southeastern Brazil with a focus on operational improvements such as loss reduction via Light Legal projects, boundary measurements, infrastructure modernization and investments exceeding BRL 1.2 billion in the first nine months of 2025.
In recent developments, Light S.A. advances under judicial reorganization with a robust cash position of BRL 2.64 billion as of Q3 2025, increased distribution investments to BRL 457 million in the quarter (73% year-on-year growth) and total BRL 1.2 billion year-to-date surpassing full-year 2024 levels, alongside a 40% reduction in emergency response times, enhanced loss-combating strategies using data intelligence and technologies, and a hedge of remaining foreign debt exposure maturing in 2026; ANEEL recommended and approved amendments for renewal of Light SESA's distribution concession expiring June 2026 under Decree 12,068 and Law 9,074 as of February 2025, paving the way for a 90-day window post-signing to execute a capital increase up to BRL 1.5 billion supported by reference shareholders and debt-to-equity conversion up to BRL 2.2 billion via convertible debentures, following UK creditor approval (99.4% in favor) in October 2024 and US Chapter 15 filing; the company also pursues generation concession renewals, capacity reserve auction participation and tax victories such as a favorable CARF ruling on a BRL 2.4 billion case in September 2025, while concluding prior divestitures like Lightger S.A. and Guanhães Energia S.A. sales in 2022.