The Investors section contains information about ENGIE's Brasil Energia S.A., which is the ENGIE group company listed on the Brazilian Stock Exchange (B3: EGIE3, ADR: EGIEY).
Learn why investing in ENGIE Brasil Energia
ENGIE Brasil Energia S.A. is an infrastructure investment platform in the energy sector, engaged in generation, commercialization, trading, and transmission activities, as well as natural gas transportation through Transportadora Associada de Gás S.A. - TAG, in conjunction with other partners. As one of the country's largest private energy producers, it implements and operates projects in renewable sources such as hydroelectric, wind, solar, biomass, and small hydroelectric plants. The company operates with transparency, financial discipline, environmental respect, community support, and a focus on operational efficiency as enablers for long-term growth.
ENGIE Brasil Energia is controlled by the French group ENGIE, a global leader in independent energy production with operations in around 30 countries, with a strong presence in electricity, natural gas, and energy services.
At the end of 3Q24, our total installed capacity reached 9,290.2 MW, operating a generating park of 11,000.0 MW, consisting of 109 plants, including 11 hydroelectric plants and 98 complementary plants - three biomass, 69 wind, two Small Hydroelectric Plants (SHPs), and 25 solar - of which 105 are fully owned by the company, and four are operated through partnerships with other companies. In the transmission segment, the Gralha Azul, Novo Estado and Gavião Real Transmission Systems are in full operation.
At the Jirau Hydroelectric Plant, located on the Madeira River in Porto Velho (RO), with a capacity of 3,750 MW, our controlling entity holds a 40% stake, representing an installed capacity of 1,500 MW in that plant. When combined with ENGIE Brasil Energia's total capacity, it reaches 10,790.2 MW across 110 plants, corresponding to a 5.2% share in the Brazilian market.
We have 100% of our installed capacity in the country sourced from clean, renewable sources with low greenhouse gas emissions, a position reinforced by the construction of new wind and solar plants in the Northeast of the country.
Over the more than 20 years of operating in the Brazilian market, we have more than doubled our installed capacity, with high operational performance and a consistent average growth in financial indicators of net revenue, EBITDA and net profit - demonstrating sustainable financial performance. These factors and a clear commercial strategy allow the Company to remain well positioned to capture new business opportunities.
Competitive advantages
-
Fundamental sector
The energy sector is considered strategic to the country's development, as energy constitutes a fundamental input for production and other activities in society
-
Business intelligence
ENGIE Brasil Energia maintains high levels of long-term contracting, reducing exposure to short-term market fluctuations. Additionally, its sales portfolio is balanced between free customers from various sectors and regulated customers (distributors).
-
High operational performance
The projects operated by the Company exhibit high availability and reliability rates. Certifications such as NBR ISO 9001, 14001, and 45001, are major contributors to this outcome and are present in most of the plants.
-
Differentiated risk rating
The Long-Term National Rating is 'AAA(bra)' and the global scale rating is 'BB+', one level above the sovereign rating, as assigned by Fitch Ratings.
-
Industry leadership
The ENGIE Group is part of one of the largest private energy generation groups in Brazil and worldwide, enhancing its potential to leverage business opportunities.
-
Cash flow predictability
In addition to the long-term contracting strategy, energy sales contracts are indexed to inflation.
-
Financial stability
The combination of strong cash generation, high average Ebitda margin, consistent net profit, and no foreign exchange exposure contributes to the financial stability of the Company and its consequent resilience to unfavorable macroeconomic scenarios. With a market value estimated at R$ 34.6 billion at the end of 3Q24, it has access to attractive credit lines, enhancing its competitiveness.
-
Best practices in governance and sustainability
The Board of Directors and Executive Board of ENGIE Brasil Energia are composed of experienced professionals with extensive knowledge of the sector and adequately prepared to make decisions that consider the interests of shareholders and other stakeholders - a process in which economic, social, and environmental aspects are inseparable.
Novo Mercado
ENGIE Brasil Energia conducts its business in accordance with the best corporate governance practices, committed to accountability and transparency in management. Its shares have been traded since 2005 on the Brazilian Stock Exchange – B3 -, in the segment made up of companies that adopt governance practices superior to those required by the country's legislation: the Novo Mercado. In 2017, this segment began to have new regulations, and the Company voted in favor of all the proposed changes, as it understood advances in the aspects of transparency, equity, accountability and corporate responsibility as relevant. B3 determined that companies should implement the new requirements by the beginning of 2021, and the adaptations to the rules that existed before the new regulation came into effect from 2018. ENGIE, perceiving in the modifications and innovations of the Novo Mercado rules a adding value to its management and governance, undertakes efforts to implement changes as quickly as possible.
ENGIE Brasil Energia is also part of B3's main stock index – the Bovespa Index (IBOVESPA), the IBrX 100, as well as the Stock Index with Differentiated Corporate Governance (IGC) and the Stock Index with Differentiated Tag Along (ITAG) , which brings together companies that offer minority shareholders greater protection in the event of transfer of control. Its shares are also part of the B3 Corporate Sustainability Index (ISE), which brings together companies with a recognized commitment to corporate governance and economic and socio-environmental responsibility, in addition to the Electric Energy Index (IEE), a sectoral index made up of capital companies most important openings in the electricity sector. In the European market, the Company's shares are part of the Euronext-Vigeo EM 70, awarded to companies with the highest performance in corporate responsibility in developing countries.
