StockWatch
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Electric Utilities: Central
DealsJun 29, 2026, 06:07 AM

AXIA Energia Enters BRL 125.1M Related-Party Telecom Infrastructure Deal

AI Summary

AXIA Energia S.A. announced a related-party transaction where it, along with its subsidiaries, assigned the right to use Optical Ground Wire (OPGW) cables and associated electric power transmission infrastructure to Eletronet S.A., its wholly-owned subsidiary. This agreement, valued at BRL 125,099,251.20 over a 20-year term, enables Eletronet to exploit these assets for telecommunications services. The company stated that the transaction was conducted under arm's-length conditions and complies with relevant regulations.

Key Highlights

  • AXIA Energia and its subsidiaries assigned rights to use Optical Ground Wire (OPGW) cables and electric power transmission infrastructure.
  • The assignment is to Eletronet S.A., a wholly-owned subsidiary of AXIA Energia.
  • Eletronet will use these assets to provide telecommunications services.
  • The agreement is valued at BRL 125,099,251.20.
  • The contract has a term of 20 years.
  • The transaction complies with ANEEL Normative Resolution No. 1,044/2022.
  • Payment terms are consistent with market practices, as confirmed by an independent arm's-length study.