AXIA Energia SA, through its subsidiaries provides the generation, transmission, distribution, and commercialization of electricity in Brazil. The company generates electricity through hydroelectric, wind farms, and solar power plants.
It also owns hydroelectric plants with a total capacity of 43,072.7 MW. Its portfolio also includes 798.7 MW wind power plants, and 67,030.74 km of transmission lines. The company was formerly known as Centrais Elétricas Brasileiras S.A. - Eletrobrás. Incorporated in 1962, AXIA Energia is headquartered in Rio de Janeiro, Brazil.
AXIA Energia SA, through its subsidiaries, is involved in the generation, transmission, distribution, and commercialization of electricity in Brazil. The company generates electricity from hydroelectric, wind, and solar power plants. It owns hydroelectric plants with a total capacity of 43,072.7 MW, wind power plants with a capacity of 798.7 MW, and operates 67,030.74 km of transmission lines. The company was formerly known as Centrais Elétricas Brasileiras S.A. - Eletrobrás and is headquartered in Rio de Janeiro, Brazil.
On which stock exchange is AXIA Energia SA listed and in what currency?
AXIA Energia SA is listed on the New York Stock Exchange (NYSE) under the ticker symbol AXIA-PC. Its securities trade in US Dollars (USD). The company is based in Brazil but has a presence on the US market through this listing.
What sector and industry does AXIA Energia SA belong to?
AXIA Energia SA operates in the Utilities sector, specifically within the Utilities - Renewable industry. This means the company is primarily focused on providing essential utility services such as electricity, with a strong emphasis on renewable energy sources including hydroelectric, wind, and solar power. As a renewable utility, it plays a key role in Brazil's clean energy transition.
Where is AXIA Energia SA headquartered and what markets does it serve?
AXIA Energia SA is headquartered in Rio de Janeiro, Brazil. The company serves the Brazilian electricity market through its generation, transmission, distribution, and commercialization activities. Its operations are concentrated in Brazil, where it owns a significant portfolio of hydroelectric plants, wind farms, and solar power plants, as well as an extensive transmission network spanning over 67,000 km.
What is the business model of AXIA Energia SA and how does it generate revenue?
AXIA Energia SA generates revenue by generating, transmitting, distributing, and commercializing electricity in Brazil. The company operates a diversified portfolio of renewable energy assets, including hydroelectric plants (43,072.7 MW capacity), wind farms (798.7 MW), and solar power plants. It also owns a vast transmission network of 67,030.74 km, which allows it to transport electricity from its generation facilities to distribution companies and end consumers. Revenue is earned through the sale of electricity in the wholesale market, regulated contracts, and transmission tariffs.