Eletrobras

Centrais Elétricas Brasileiras S.A. (commonly referred to as Eletrobras, Portuguese pronunciation: [eˌlɛtɾoˈbɾas]) is a major Brazilian electric utilities company. The company's headquarters are located in Rio de Janeiro. After its privatization in 2022, the company was renamed Axia Energia in 2025. It is Latin America's biggest power utility company, tenth largest in the world, and is also the fourth largest clean energy company in the world, being the biggest renewable energy producer in the southern hemisphere. The company holds stakes in a number of Brazilian electric companies, so that it generates about 40% and transmits 69% of Brazil's electric supply. The company's generating capacity is about 51,000 MW, mostly in hydroelectric plants. The Brazilian federal government owned a 52% stake in the company until June 2022; the rest of the shares are traded on B3. The stock is part of the Ibovespa index. It is also traded on the Nasdaq Stock Market and on the Madrid Stock Exchange.