DivestmentMay 4, 2026, 08:27 AM
AXIA Energia Sells Minority Stakes for BRL 451.5M
AI Summary
AXIA Energia S.A. has entered into a Share Purchase Agreement with GEBBRAS Participações Ltda. for the sale of its entire 49% minority interests in four electric power transmission special purpose entities (SPEs). The divested SPEs operate transmission assets across six Brazilian states, with concession terms extending to 2039-2040. AXIA Energia will receive BRL 451.5 million from the transaction, which is subject to customary market conditions and aligns with the company's Strategic Plan to optimize minority interests, maintain capital discipline, and simplify its corporate structure.
Key Highlights
- AXIA Energia sold 49% minority interests in four electric power transmission SPEs to GEBBRAS Participações Ltda.
- The company will receive BRL 451.5 million from the sale of its stake in the SPEs.
- The divested SPEs operate approximately 1,086 km of transmission lines across six Brazilian states.
- Estimated net revenue for the divested SPEs in 2027 is BRL 218 million.
- Estimated EBITDA for the divested SPEs in 2027 is BRL 176 million.
- The divestment reinforces AXIA Energia's commitment to capital discipline and corporate structure simplification.