Overview

Founded in 1997, Neoenergia is one of the largest integrated companies in the Latin American electricity sector. Controlled by the Spanish group Iberdrola, the company is an integrated energy company that operates in three strategic segments: Networks (distribution and transmission); Renewables (wind and hydroelectric generation), and Liberalized (thermal generation, energy trading, and services). It operates in 18 states and Distrito Federal, with a strong presence in the Northeast Region. Covering a concession area of about 842 thousand square kilometers and with approximately 16.1 million consumer units served by 5 Discos – Neoenergia Coelba (BA), Neoenergia Pernambuco (PE), Neoenergia Cosern (RN), Neoenergia Elektro (SP/MS) and Neoenergia Brasília (DF) – Neoenergia is responsible for supplying electric power to 37.7 million people, being the largest distribution player in Brazil in terms of number of consumers and RAB. Neoenergia also operates in the transmission of electric power, which includes the operation and maintenance of transmission lines and substations with a voltage equal to or greater than 230 kV and which are part of the SIN – National Interconnected System.