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Neoenergia

Neoenergia

Neoenergia is a publicly-held company with shares (NEOE3) traded at the São Paulo Exchange. A Company of the Spanish Group Iberdrola, it operates in Brazil since 1997, and currently it is one of the leaders in the country's electric sector. With presence in 18 states , its businesses are divided in the areas of energy generation, transmission, distribution and trading. Its distributors, Coelba (BA), Celpe (PE), Cosern (RN) and Elektro (SP), serve more than 14 million customers, representing a population over 34 million people. Neoenergia holds 4.5 GW in generation, being 88% in renewable energy, and has 1 GW being implemented through the construction of new wind farms. In the transmission segment, it has 685,2-km lines in operation and 4,862 under construction. Through Neoenergia Institute, is fosters the sustainable development based on social and environmental actions, thus contributing to improve the quality of life in the communities where it operates, mainly focused in more vulnerable individuals and betting on sustainable development.

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About Neoenergia

Founded

1997

Estimated Revenue

$1B-$10B

Employees

10K-50K

Funding / Mkt. Cap

$222M

Category

Industry

Oil & Energy

Location

City

Rio de Janeiro

State

Rio de Janeiro

Country

Brazil

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