AXIA Energia S.A. (ELET3)

Profile

https://www.eletrobras.com

Axia Energia S.A. is a leading Brazilian electric utility company engaged in the generation, transmission, and commercialization of electricity. Established in 1962, it plays a critical role in Brazil's energy sector, owning and operating a diverse portfolio of power sources including hydroelectric, solar, wind, nuclear, and thermal plants. The company contributes significantly to Brazil’s renewable energy matrix, with approximately 96% of its installed capacity coming from low greenhouse gas emission sources, underscoring its focus on sustainable energy development. Axia Energia also maintains an extensive transmission network spanning around 71,000 kilometers, representing roughly 45% of Brazil's high-voltage transmission lines. As the largest player in generation and transmission in the country, the company supports nearly one-third of Brazil’s installed generation capacity. Axia Energia's operations are pivotal for the advancement of Brazil's electricity infrastructure and its transition to cleaner energy sources, reflecting its strategic importance in the national energy landscape.