EBR 📈 Centrais Electricas - Overview

Centrais Elétricas Brasileiras S.A., commonly referred to as Eletrobrás, is a Brazilian energy company that operates through its subsidiaries to generate, transmit, and commercialize electricity. The company's diverse portfolio of power generation sources includes hydroelectric, thermoelectric, nuclear, wind, and solar plants, allowing it to capitalize on various energy sources to meet Brazil's growing electricity demands. With a significant presence in the Brazilian energy market, Eletrobrás plays a crucial role in ensuring a stable and reliable supply of electricity to households, industries, and businesses across the country.

As of December 31, 2023, Eletrobrás' power generation capacity is substantial, with 44 hydroelectric plants boasting a total capacity of 42,293.5 megawatt (MW). In addition to its hydroelectric capabilities, the company operates 5 thermal plants, which include coal and gas power generation units, with a total installed capacity of 1,632 MW. Its nuclear power portfolio consists of two nuclear power plants: Angra 1, with an installed capacity of 657 MW, and Angra 2, with an installed capacity of 1350 MW. This diversified energy mix enables Eletrobrás to mitigate risks associated with over-reliance on a single energy source and ensures a more resilient energy supply chain.

Eletrobrás' transmission infrastructure is equally impressive, with the company owning and operating an extensive network of 66,539.17 kilometers of transmission lines. This vast network allows the company to efficiently transmit electricity from its power generation facilities to distribution centers and ultimately to end-consumers. With a history dating back to 1962, Eletrobrás has established itself as a leading player in Brazil's energy sector, with its headquarters located in Rio De Janeiro, Brazil. The company's common stock is listed on the New York Stock Exchange (NYSE) under the ticker symbol EBR, and its ISIN is US15234Q2075, classified under the GICS Sub Industry of Electric Utilities.