Eletrobras

What Eletrobras does

Eletrobras (Centrais Elétricas Brasileiras S.A.), publicly traded on NYSE (EBR) and B3 (ELET3, AXIA6) and headquartered in Rio de Janeiro, is Latin America's largest integrated electricity company with roots in a 1962 founding as a state-owned enterprise and a recent 2026 rebranding to AXIA Energia. The company operates three core business segments: power generation across 47 hydroelectric plants, 33 wind farms, and solar installations totaling approximately 44,654.5 MW of installed capacity (about 17% of Brazil's national capacity and 97% renewable); power transmission via more than 74,000 kilometers of high-voltage lines representing roughly 39% of Brazil's National Interconnected System (SIN); and energy commercialization to large industrial and commercial consumers (Grupo A) in the Free Energy Market (Mercado Livre de Energia / ACL), offering customized supply, transmission, and decarbonization packages.

Assets span 20 Brazilian states plus the Federal District and include flagship facilities such as Belo Monte (11,233 MW), Tucuruí (8,535 MW), Jirau (3,570 MW), and Santo Antônio (3,568 MW), complemented by the floating solar plant at Sobradinho reservoir and the Megawatt Solar building-integrated photovoltaic complex in Florianópolis. The company employs 10,000+ people across regional offices in Rio de Janeiro, São Paulo, Recife, Florianópolis, and Brasília.

Eletrobras generates revenue through regulated transmission revenues (Annual Permitted Revenue / RAP set by ANEEL), wholesale generation sales, and direct commercialization to free-market consumers at negotiated contract terms. The company has been modernizing operations through AI partnerships: C3 AI Grid Intelligence for real-time transmission fault monitoring and Google Cloud-based climate prediction, alongside partnerships in offshore wind (Ocean Winds), green hydrogen (SEFE, EnerTech), and equipment modernization (Siemens Energy). Recent strategic restructuring includes the R$ 535 million sale of Eletronuclear to J&F Investimentos, a R$ 1.174 billion asset decrossing with ISA Energia Brasil, a R$ 7 billion bond issuance oversubscribed 2x, and an organizational rebrand to AXIA Energia in response to grid-related operational and revenue pressures.

Name

Eletrobras

Legal name

Centrais Elétricas Brasileiras S.A. - Eletrobrás

Website

https://eletrobras.com

Company type

Public

Founded year

1962

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Eletrobras (now AXIA Energia) is Latin America's largest integrated electricity company, generating 97% renewable power across 82 plants (44.4 GW) and transmitting via 74,000+ km of lines (39% of Brazil's grid), serving the Brazilian National Interconnected System and large industrial consumers in the Free Energy Market.

Ownership category

akta.pro rank

Product category

Electric Power Generation and Transmission

NAICS

Electric Power Generation, Transmission and Distribution (2211), Electric Power Generation (22111), Hydroelectric Power Generation (221111), Wind Electric Power Generation (221115), Solar Electric Power Generation (221114), Electric Bulk Power Transmission and Control (221121)

SIC

Electric Services (4911), Power, Distribution & Specialty Transformers (3612), Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Utility-Scale Power Generation Asset Management (EUAEAMAA)

akta.pro secondary industries

Transmission Interconnection & Line Works (Gen-Tie Lines, Overhead/Underground Lines) (EUAMAFAF), Energy Management Systems & Plant Controllers (PPC, AGC Participation, Curtailment Control) (EUAMAIAI), High-Voltage Electrical Systems (Switchgear, Transformers, Protection & Control) (EUAEAFAA)

Keywords

• Electricity generation
• Power transmission
• Renewable energy
• Hydroelectric power
• Energy commercialization

Headquarters

HQ city

Rio De Janeiro

HQ country

Brazil

HQ region

Latin America

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Technology or R&D, Personnel, Supply Chain, Marketing or Sales

Revenue model

1. Power Generation: Eletrobras generates nearly one-third of all electricity in Brazil through 82 power plants (47 hydroelectric, 33 wind, 1 solar, and 1 floating solar) with total installed capacity of approximately 44,654.5 MW. 97% of generation comes from renewable sources (hydroelectric, wind, solar). The company operates as a holding for multiple generation subsidiaries including Amazonas GT, Chesf, Eletronorte, Eletrosul, Furnas, and Itaipu.
2. Power Transmission: Eletrobras operates over 74,000 kilometers of transmission lines, representing 39% of Brazil's National Interconnected System (SIN). Transmission revenue comes from regulatory permits (RAP - Receita Anual Permitida) set by ANEEL for grid availability.
3. Energy Commercialization / Trading: The company commercializes energy in the Free Energy Market (ACL - Ambiente de Contratação Livre), selling customized energy solutions to large industrial consumers (Grupo A). Offers energy, transmission, and decarbonization solutions.
4. Regulatory Services and Compliance: Revenue from transmission infrastructure permitted under ANEEL regulatory framework, including investment programs for grid modernization and expansion.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels9 records

Core offering

Eletrobras generates electricity through 82 power plants (47 hydroelectric, 33 wind farms, and 2 solar plants) totaling approximately 44,654.5 MW of installed capacity and transmits power across more than 74,000 km of high-voltage lines representing 39% of Brazil's National Interconnected System (SIN). The company also commercializes customized energy, transmission, and decarbonization solutions to large industrial and commercial consumers (Grupo A) in Brazil's Free Energy Market (Mercado Livre de Energia) through dedicated direct sales teams spread across the country.

Product overview

Eletrobras operates as an integrated energy company organized around three core business areas: Power Generation (Geração), Power Transmission (Transmissão), and Energy Trading (Comercialização). The generation portfolio includes 47 hydroelectric plants, 33 wind farms, and solar installations totaling approximately 44.4 GW of installed capacity. The transmission network spans over 74,000 km representing 39% of Brazil's National Interconnected System. The company also commercializes energy to free market consumers. Eletrobras has recently launched AI-powered products including C3 AI Grid Intelligence for grid monitoring and cryptocurrency mining pilots utilizing surplus renewable energy. The company rebranded as Axia Energia.

Differentiator

Problem solved

Functional benefit

Products and services

• Power Generation (Geração) Generation of electricity for the Brazilian National Interconnected System and free-market commercialization through hydroelectric, wind, and solar power plants totaling 44,654.5 MW of installed capacity (97% renewable), operated by Eletrobras and its subsidiaries (Amazonas GT, Chesf, Eletronorte, Eletrosul, Furnas, and Itaipu) across 20 Brazilian states and the Federal District. Intended for bulk sale to distributors and direct sale to Grupo A large industrial/commercial free-market consumers.
• Power Transmission (Transmissão) High-voltage electricity transmission across more than 74,000 km of lines connecting Brazilian generation assets to distribution utilities and large free-market consumers, representing 39% of the National Interconnected System (SIN). Services are offered under ANEEL-set Receita Anual Permitida (RAP) framework. Customers include distribution utilities, large industrial Grupo A consumers, and the national grid operator.
• Energy Commercialization (Comercialização de Energia) Customized energy supply, transmission, and decarbonization solutions commercialized through direct sales to large industrial and commercial consumers (Grupo A) in the Brazilian Free Energy Market (Mercado Livre de Energia / ACL). The offering includes personalized contracts, green energy supply for ESG targets, and bundled transmission and demand-response services. Post-sale support is available via [email protected].
• C3 AI Grid Intelligence (Eletro.ia) AI-powered grid intelligence platform deployed across the transmission network for real-time fault monitoring, anomaly detection, and predictive analytics. Initially implemented across 10 substations in 2024 with planned expansion across all transmission assets. Built in partnership with C3 AI under the Eletro.ia program. Targets grid operators and internal transmission teams within Eletrobras.
• AI Climate Prediction System (Google Cloud partnership) AI-powered weather and climate forecasting system developed jointly with Google Cloud, combining artificial intelligence with traditional forecasting methods to deliver more accurate climate predictions. Supports energy generation planning, hydroelectric reservoir management, and grid operations. The first of its kind globally for Google Cloud.
• Cryptocurrency Mining Pilot Pilot initiative that installs ASIC cryptocurrency mining equipment alongside wind, solar, and battery storage assets to utilize surplus renewable generation. Demonstrates a novel distributed-energy monetization model leveraging Eletrobras' renewable portfolio.
• Usina Solar Flutuante Sobradinho (Floating Solar Plant) Largest floating solar installation in Brazil, deployed on the Sobradinho hydroelectric reservoir in Bahia. Generates 1 MWp of solar electricity without requiring additional land, leveraging the reservoir surface and existing hydroelectric transmission infrastructure. Sold as part of Eletrobras' renewable energy supply offering.

Quantifiable outcome

• 97% renewable energy generation contributing to Brazil's clean energy matrix and supporting customer decarbonization goals
• +2 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability5 records

Feature4 records

Partnerships

16 partnerships are on record, tiered core, moderate and minor.

• ISA Energia BrasilcoreStrategic or Co-development Partner · 19 March 2026ISA Energia Brasil and Eletrobras (via AXIA Energia) signed a share purchase agreement on March 19, 2026, to decross ownership stakes in two transmission companies. ISA paid R$1.174 billion for full control of Interligação Elétrica Madeira while Eletrobras assumed 100% of Interligação Elétrica Garanhuns. The transaction simplifies corporate structures and optimizes each company's portfolio, with IE Madeira representing a 2,385-km high-voltage system across five Brazilian states with annual permitted revenue of R$760.7 million.
• C3 AIcoreTechnology or Integration · 25 September 2025Eletrobras selected C3 AI to deploy C3 AI Grid Intelligence across its transmission network to enhance real-time fault monitoring and improve grid resilience. The deployment follows a successful initial implementation in 2024 across 10 substations, with plans to expand across all transmission assets as part of the Eletro.ia program. The AI technology aims to significantly reduce fault response time and support operational efficiency.
• Google CloudcoreTechnology or Integration · 10 September 2025Eletrobras created an AI-powered weather forecasting system using Google Cloud technology. This is the first project of its type by Google Cloud in the world. The model combines artificial intelligence with traditional forecasting methods to provide better and more accurate climate predictions, supporting energy generation planning and grid management.
• CopelmoderateStrategic or Co-development Partner · 13 December 2024Copel and Eletrobras engaged in a strategic asset swap transaction, simplifying corporate structures and generating mutual gains. The swap involved exchange of generation and/or transmission assets between the two major Brazilian utilities to optimize their respective portfolios.
• TIM BrasilmoderateGTM or Marketing Partner · 19 November 2024Eletrobras and TIM Brasil signed an MOU for energy commercialization, enabling the telecommunications company to access Eletrobras' energy supply solutions. This partnership allows TIM Brasil to procure renewable energy for its operations as part of its sustainability strategy.
• SEFE (Securing Energy for Europe GmbH)minorStrategic or Co-development Partner · 19 November 2024SEFE, a German energy company, partnered with Eletrobras on green hydrogen supply initiatives. The collaboration between SEFE (German), Eletrobras (Brazilian), and EnerTech (Kuwaiti) focuses on developing green hydrogen supply chains, with Eletrobras leveraging Brazil's abundant renewable energy resources for hydrogen production.
• EnerTech (Kuwait)minorStrategic or Co-development Partner · 19 November 2024EnerTech from Kuwait joined the green hydrogen collaboration with SEFE and Eletrobras, contributing to a trilateral strategic partnership for green hydrogen development leveraging Brazil's renewable energy potential.
• Ocean WindsmoderateStrategic or Co-development Partner · 27 October 2024Ocean Winds and Eletrobras formalized a partnership through a Memorandum of Understanding (MOU) to study and develop offshore wind energy projects in Brazil. The collaboration was announced at the Brazil Wind Power 2024 event. The partnership aims to leverage offshore wind potential to support Brazil's renewable energy goals and economic growth.
• Siemens EnergymoderateTechnology or Integration · 4 September 2024Siemens Energy and Eletrobras signed a R$300 million deal for energy sector technology and infrastructure modernization. The partnership likely involves equipment supply, technology transfer, or maintenance services for Eletrobras' generation and transmission assets.
• Instituto Interamericano de Cooperação para a Agricultura (IICA)minorStrategic or Co-development PartnerEletrobras partnered with IICA on the international technical cooperation project 'Access and Use of Electrical Energy as a Development Factor for Rural Communities in Brazil' (PCT BRA/IICA/09/001), signed in March 2009. The project promoted rural electrification using renewable energy sources and supported the implementation of Community Production Centers (CCPs) through technical studies, capacity building, and workshops.
• Embrapa (Brazilian Agricultural Research Corporation)minorStrategic or Co-development PartnerEletrobras worked with Embrapa to develop a collection of 15 reference manuals for implementing Community Production Centers (CCPs) — small agro-industries using electrical equipment for rural economic activities such as milk cooling, confectionery, and coffee processing.
• UFRJ / Museu Nacional ViveminorStrategic or Co-development PartnerEletrobras invested R$ 5 million in the reconstruction of the Museu Nacional at UFRJ through the Projeto Museu Nacional Vive partnership. The museum was destroyed by fire in 2018, and Eletrobras' contribution supports the restoration of Brazil's first scientific institution.
• Instituto Nacional de Meteorologia (INMET)moderateStrategic or Co-development PartnerTechnical Cooperation Agreements between INMET and Eletrobras aim to expand and modernize Brazil's meteorological monitoring network, deploying 220 new weather stations across multiple states, funded by Eletrobras' capitalization proceeds.
• SAE BRASILminorGTM or Marketing PartnerEletrobras and SAE BRASIL co-organized a drone competition for university students in São José dos Campos (SP), aimed at attracting technology and aeronautical talent to the company.
• Hub GoiásminorGTM or Marketing PartnerEletrobras partnered with Hub Goiás to promote an innovation challenge for startups and students in the Centro-Oeste region, connecting the company's ecosystem with regional innovation players.
• UNESCO / Instituto Cultural Vale (Projeto Museu Nacional Vive)minorStrategic or Co-development PartnerSince 2020, UNESCO and Instituto Cultural Vale have led the technical cooperation for the Museu Nacional reconstruction project, with Eletrobras joining as a private sponsor contributing R$ 5 million.

Scale indicators10 records

Recent moves10 records

Expansion highlights9 records

Direct peers

• Engie Brasil: Engie Brasil is one of the largest private-sector power generators in Brazil, operating across hydroelectric, wind, solar, and thermal generation plus transmission. It directly competes with Eletrobras in both generation capacity and the Free Energy Market (Mercado Livre) for Grupo A customers, with comparable renewable-led positioning.
• Companhia Paranaense de Energia (Copel): Copel is an integrated Brazilian utility with generation, transmission, and distribution across Paraná, and recently completed an asset swap with Eletrobras (UHE Colíder). It directly overlaps with Eletrobras in transmission operations and renewable generation, serving a similar Brazilian corporate and regulatory profile.
• Cemig (Companhia Energética de Minas Gerais): Cemig is one of Brazil's largest integrated electric utilities with significant generation, transmission, and distribution assets, including major hydroelectric capacity. It is a directly comparable Brazilian utility peer with overlapping generation fleet composition (heavy hydro), transmission operations, and free-market commercialization activities.
• ISA Energia Brasil: ISA Energia Brasil is a major Brazilian transmission-focused utility, and is Eletrobras' direct counterparty in the R$1.174B asset swap (IE Madeira / IE Garanhuns). It competes with Eletrobras in operating large-scale high-voltage transmission assets under ANEEL regulation.
• CPFL Energia: CPFL Energia is one of the largest private-sector distributors and generators in Brazil with significant renewable generation exposure. It competes with Eletrobras in the Free Energy Market commercialization business and operates overlapping generation assets in the same ANEEL regulatory framework.

Broad incumbents

• Enel Américas: Enel Américas is a large Latin American multi-country utility with significant Brazilian operations (Enel Brasil / Enel Distribuição São Paulo / Enel Green Power). It overlaps with Eletrobras in Brazilian generation and distribution but operates across multiple Latin American countries.
• Iberdrola: Iberdrola is a global renewable energy leader with significant wind, solar, hydro, and grid operations worldwide. While it does not own Brazilian generation, it competes globally for renewable energy investment capital and represents the offshore wind / large-scale renewable benchmark Eletrobras is targeting through its Ocean Winds partnership.

Emerging players

• AES Brasil: AES Brasil is a generation-focused Brazilian power company with a renewable-heavy portfolio (wind, hydro, biomass) operating under the same ANEEL framework. It is smaller and more focused than Eletrobras but directly comparable as a renewable generator serving the Brazilian free market.

Others

• Siemens Energy: Siemens Energy is a global energy technology supplier with a R$300M partnership with Eletrobras for technology and infrastructure modernization. It serves as both a vendor and capability partner rather than a competitor, but is highly relevant for benchmarking Eletrobras' capex execution and digital grid roadmap.
• C3 AI: C3 AI is the AI software vendor whose Grid Intelligence platform is being deployed across Eletrobras' transmission network (Eletro.ia program). As a technology partner it shapes Eletrobras' digital operating model and is directly comparable to the AI/data platforms being adopted by peer utilities globally.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/eletrobras
• YouTubeyoutube.com/EletrobrasEnergia
• Facebookfacebook.com/eletrobras
• LinkedInlinkedin.com/company/eletrobras
• Instagraminstagram.com/eletrobrasoficial

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries3 records

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Eletrobras