Centrais Elétricas Brasileiras S.A. - Eletrobrás
EBR-B
New York Stock Exchange11.68
USD
+0.08
- -
CIK
0001439124
ISIN
US15234Q1085
CUSIP
15234Q108
Return %
Stock
S&P500
1Y
78.59
22.68
3Y
28.21
70.07
5Y
72.78
73.87
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Ivan de Souza Monteiro
- Full Time Employees
- 7,710
- Sector
- Utilities
- Industry
- Regulated Electric
- Address
- Rua da Quitanda, 196 Rio De Janeiro RJ Brazil 20091-005
- IPO Date
- Oct 24, 1996
- CIK
- 0001439124
- Website
- eletrobras.com
- Similar Companies
- Business
- Centrais Elétricas Brasileiras S.A. - Eletrobrás (Eletrobrás) is a leading Brazilian electric utilities company engaged in the generation, transmission, and commercialization of electricity. The company operates a diverse portfolio of power plants, including approximately 44 hydroelectric facilities with a total installed capacity exceeding 42,000 megawatts, 105 thermal plants encompassing coal, oil, and gas units with around 2,400 megawatts of capacity, two nuclear power plants (Angra I and Angra II) providing 1,990 megawatts combined, as well as wind and solar installations; it also manages an extensive transmission network spanning over 66,000 kilometers of high-voltage lines integral to Brazil's National Interconnected System. Eletrobrás serves energy distribution companies, large industrial free-market consumers, traders, and regulated market participants through long-term contracts and spot market sales. Founded in 1962 and headquartered in Rio de Janeiro, Brazil, the company conducts its operations primarily within Brazil across multiple regions, leveraging subsidiaries such as Eletronorte, Chesf, Eletrosul, Furnas, and others for generation and transmission activities; it holds stakes in entities like Itaipu Binacional (50%) and maintains investments in 62 special purpose vehicles focused on electricity generation and transmission. Eletrobrás dominates the Brazilian power sector, accounting for about 40% of national generation capacity and 69% of transmission infrastructure, positioning it as Latin America's largest power utility and the world's tenth largest by capacity, with a strong emphasis on low-carbon sources like hydroelectric power complemented by renewables. In recent developments, Eletrobrás completed the acquisition of a 51% controlling stake in Eletronet SA in April 2025, enhancing its transmission portfolio, and sold its stake in Eletronuclear to J&F's Ambar Energia for approximately $98 million in October 2025, streamlining operations while retaining certain responsibilities. The company secured key lots in ANEEL's Transmission Auction No. 04/2025 through subsidiary AXIA Energia, supporting expansion with estimated investments of R$13.2 billion across 245 transmission projects adding 2,359 km of lines. Additionally, Eletrobrás announced a major rebranding to Axia Energia in late 2025, with the ticker shifting from ELET3 to AXIA3 effective November 10, alongside strategic partnerships like one with C3 AI for grid modernization, divestitures of thermal assets such as Candiota and Santa Cruz, and a focus on renewable growth including battery storage and participation in the 2026 capacity reserve auction.
Brazil's Eletrobras changes name to Axia Energia
Brazil raises about $6 billion in Eletrobras shares in world's No.2 offering of the year
Brazil's Eletrobras to receive $500 million in regulatory decision
Brazil Congress approves main text of Eletrobras privatization bill