Eletrobras
Eletrobras (Portuguese pronunciation: [eˌlɛtɾoˈbɾas], full name: Centrais Elétricas Brasileiras S.A.) is a major Brazilian electric utilities company. The company's headquarters are located in Rio de Janeiro.
| Company type | Sociedade Anônima |
|---|---|
Traded as | B3: ELET3 Nasdaq: EBR BMAD: XELTB |
| Industry | Electricity |
| Founded | 11 June 1962 |
| Headquarters | Rio de Janeiro , |
Key people | Wilson Ferreira Júnior (CEO) |
| Products | Electrical power |
| Services | Electricity distribution Electric power transmission Electric power generation |
| Revenue | R$44.4 billion (2021) |
| R$10.9 billion (2021) | |
Net income | R$5.7 billion (2021) |
| Owner | Brazilian Government (34.85%) |
Number of employees | 12,018 (2021) |
| Website | eletrobras.com |
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. Eletrobras 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 52% stake in Eletrobras until June 2022, the rest of the shares 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.