StockWatch
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Electric Utilities: Central
Quarterly ResultAug 6, 2026, 04:01 PM

BRAZILIAN ELECTRIC POWER 2Q26 Adj. EBITDA R$6.68B, up 21.5% YoY

AI Summary

BRAZILIAN ELECTRIC POWER CO reported strong financial performance for Q2 2026, with Adjusted Regulatory EBITDA increasing by 21.5% year-over-year to R$6.68 billion. The company also saw a 52.6% rise in investments to R$3.12 billion and approved R$3.7 billion in capital for allocation. Strategic moves included migration to B3’s Novo Mercado, significant transmission auction wins, and portfolio management activities like divestments and consolidation.

Key Highlights

  • Adjusted Regulatory EBITDA rose 21.5% YoY to R$6.68 billion in 2Q26.
  • Investments increased 52.6% YoY to R$3.12 billion in 2Q26.
  • Approved R$3.7 billion in capital for allocation in 2Q26, totaling R$7.7 billion in 1H26.
  • Approved R$2 billion for redemption/conversion of PNC Shares.
  • Won a transmission auction with projected ANEEL CAPEX of R$668 million.
  • Generation margin (ACL + MCP) increased to R$96/MWh in 2Q26 from R$73/MWh in 2Q25.
  • Divested minority stakes in transmission for R$451.4 million.
  • Completed migration to B3’s Novo Mercado, enhancing corporate governance.