DealsJul 31, 2026, 04:48 PM
AXIA Energia completes R$1.167B cross-holding unwinding deal
AI Summary
AXIA Energia S.A. and AXIA Nordeste S.A. completed the unwinding of cross-holdings with ISA Energia Brasil S.A. in transmission assets IE Madeira and IE Garanhuns. This involved AXIA Energia selling its 49% equity interest in IE Madeira and AXIA Nordeste acquiring ISA Energia's 51% equity interest in IE Garanhuns. The transaction resulted in net proceeds of R$1.167 billion for AXIA Energia. Following the deal, AXIA Energia now fully consolidates 100% ownership of IE Garanhuns, while ISA Energia fully consolidates IE Madeira.
Key Highlights
- Completed unwinding of cross-holdings in transmission assets IE Madeira and IE Garanhuns.
- Sold 49% equity interest in IE Madeira to ISA Energia.
- Acquired 51% equity interest in IE Garanhuns from ISA Energia.
- Received net proceeds of R$1.167 billion from the transaction.
- AXIA Energia now fully consolidates 100% ownership of IE Garanhuns.
- IE Garanhuns 2025 EBITDA was BRL 134.2 million.
- IE Garanhuns 2025 Net Debt was BRL 42.6 million.
Price Impact
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