Neoenergia SA Overview
Pro stress-test →Neoenergia SA generates, transmits, distributes, trades in, and commercializes electric energy in Brazil. The company is a subsidiary of Iberdrola Energía, S.A.U., making it a key component of Spain's largest utility group's Latin American operations.
Strategic Profile
Pro stress-test →Neoenergia, founded in 1997, is a publicly-traded energy company operating across 18 Brazilian states and operates across the full electricity value chain including energy generation, transmission, distribution, and trading. The company's energy matrix is 90% renewable. The firm operates through diverse segments including regulated distribution networks and liberalized market activities including green hydrogen and electrified fleet solutions.
Competitive Landscape
Pro stress-test →Neoenergia has established itself as a leader in the Brazilian electric sector. The Brazilian utility market is dominated by regulated distribution monopolies and national generators. Key competitors include other large integrated utilities operating in Brazil such as Enel Brasil, Energisa, and AES Brasil, as well as municipal and state-owned distributors.
Industry Context
Neoenergia SA operates in Electric utilities - integrated generation, transmission, and distribution.
Key facts
Founded: 1997 · Headquarters: Rio de Janeiro, Brazil · Employees: 15,525 · Revenue: $9.4B · Market cap: $41.0B