What PEC Energia does

PEC Energia is a São Paulo-based, privately-held Brazilian renewable energy developer founded in 2008. The company develops, implements, and operates clean electricity generation projects across three technologies — wind (eólica), solar photovoltaic (UFV), and small hydroelectric (PCH) — through a project portfolio spanning nine Brazilian states and totaling more than 3,000 MW, with 365 MW in implementation/operation and 91 MW currently in commercial operation.

The company's core products are three flagship wind farm complexes: Complexo Eólico Serra das Vacas (142 MW total across Phase I and Phase II, in partnership with CHESF), Complexo Eólico Serra da Babilônia (223 MW, in partnership with Rio Energy), and Complexo Eólico Serra das Almas (420 MW). These assets use conventional electromechanical infrastructure — wind turbines at elevations above 800 meters for optimal wind conditions, photovoltaic plants in high-irradiance regions, and small hydroelectric plants — and have demonstrated execution capability, including commissioning Serra das Vacas Phase I 45 days ahead of schedule.

PEC Energia monetizes generation by participating in Brazilian federal energy auctions (leilões de energia — LEN and LER) administered by ANEEL, securing long-term supply contracts of 20+ years with government utilities and distribution companies. The company is structured as a holding (PEC Energia S.A.) with a wholly-owned operating subsidiary (PEC Energia Desenvolvimento Ltda.) and uses project-level joint ventures with strategic partners such as CHESF (Eletrobrás Group) and Rio Energy to share capital burden on multi-hundred-MW developments. Capital deployed across implementation and operation exceeds R$ 1 billion, with single-complex investments ranging from R$ 800 million to R$ 2 billion.

Name

PEC Energia

Legal name

PEC Energia S.A.

Website

https://pecenergia.com.br

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

101–250 employees

Short description

PEC Energia is a privately-held Brazilian renewable energy developer founded in 2008 that develops, builds, and operates wind, solar photovoltaic, and small hydro (PCH) generation projects across nine Brazilian states, monetizing output through 20+ year federal energy auction contracts.

Ownership category

akta.pro rank

Product category

Renewable Energy Generation

NAICS

Wind Electric Power Generation (221115), Solar Electric Power Generation (221114), Hydroelectric Power Generation (221111)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Wind Farm EPC & Balance of Plant Construction (Civil, Electrical, Substations) (EUAMACAF)

akta.pro secondary industry

Utility-Scale Power Generation Asset Management (EUAEAMAA)

Keywords

• Renewable energy generation
• Wind farm development
• Small hydropower plants
• Solar photovoltaic generation
• Energy project development

Headquarters

HQ city

São Paulo

HQ country

Brazil

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Energy Generation and Sale: PEC Energia generates electricity from wind, solar, and hydro sources and sells it through Brazilian government energy auctions (leilões). Contracts typically run for minimum periods of 20 years, providing long-term revenue visibility.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

PEC Energia invests in the development, implementation, and operation of clean and renewable energy generation projects using wind, solar photovoltaic (UFV), and small hydropower (PCH) technologies. The company develops and constructs wind farm complexes, solar plants, and small hydroelectric plants in Brazil, securing long-term (20+ year) energy supply contracts through federal government energy auctions (LEN, LER) regulated by ANEEL. Its portfolio spans more than 3,000 MW across nine Brazilian states, with 365 MW currently in implementation and operation.

Product overview

PEC Energia is a holding company that develops, constructs, and operates clean and renewable electricity generation projects. The company's portfolio includes three named wind farm complexes (Serra das Vacas with 142 MW total, Serra das Almas with 420 MW, and Serra da Babilônia with 223 MW), small hydroelectric plants (PCHs), and solar energy projects. The company operates across 9 Brazilian states with over 3,000 MW in its project portfolio and currently has 365 MW in operation and implantation.

Differentiator

Problem solved

Functional benefit

Products and services

• Complexo Eólico Serra das Vacas Wind farm complex located in Paranatama, Pernambuco, developed in partnership with CHESF (Eletrobrás Group). Phase I comprises 53 turbines with 91 MW installed capacity and Phase II has 22 turbines with 51 MW installed capacity, totaling 142 MW. The project was contracted through the LEN A-3/2013 federal energy auction.
• Complexo Eólico Serra das Almas Wind farm complex located in southwestern Bahia across Urandi, Licínio de Almeida, and Jacaraci. Comprises 168 turbines with 420 MW installed capacity, capable of supplying a city of 3.2 million inhabitants for at least 20 years.
• Complexo Eólico Serra da Babilônia Wind farm complex located in Morro do Chapéu and Várzea Nova, Bahia. Developed in partnership with Rio Energy, it comprises 95 turbines with 223 MW installed capacity, sufficient to supply 2 million inhabitants per year. The project won the LER/2015 federal energy auction and represents R$ 1.3 billion in investment.
• Small Hydropower Plants (PCH - Pequena Central Hidrelétrica) Small hydroelectric power plants utilizing water resources with high efficiency and lower environmental impact. PEC Energia has developed PCH projects across multiple Brazilian states including Rio Grande do Sul, Mato Grosso, Maranhão, and Minas Gerais since 2008.
• Solar Energy Generation (UFV) Solar energy generation utilizing Brazil's high solar generation potential, including photovoltaic plants (UFV) in Bahia with environmental licensing obtained in 2015 and subsequent registration in energy commercialization auctions.

Quantifiable outcome

• 3,000+ MW in project portfolio
• +4 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• Rio EnergycoreStrategic or Co-development Partner · 1 January 2015Partnership with Rio Energy for the development of Complexo Eólico Serra da Babilônia, located in Bahia. This project won the LER/2015 auction and has an installed capacity of 223 MW.
• CHESF (Companhia Hidro Elétrica do São Francisco)coreStrategic or Co-development Partner · 1 November 2013Partnership with CHESF, a company of the Eletrobrás Group, for the development of Complexo Eólico Serra das Vacas. PEC Energia won the LEN A-3/2013 auction in partnership with CHESF. The project was completed in November 2015, 45 days ahead of schedule.

Scale indicators13 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Renova Energia: Brazilian renewable energy company focused on wind power generation, formerly listed on B3. Comparable as a wind-focused Brazilian IPP that has historically competed in federal energy auctions for long-term contracts.
• Auren Energia: Brazilian renewable and conventional IPP formed from the merger of AES Brasil and CPFL Renováveis, operating wind, solar, and hydro assets across Brazil. Highly comparable as a multi-technology Brazilian IPP reliant on regulated auction revenue.
• Eneva: Brazilian integrated energy company developing thermal and renewable (wind/solar) generation, active in regulated auctions and PPAs. Comparable as a Brazilian IPP participating in LEN/LER auctions with multi-technology exposure.
• Casa dos Ventos: One of Brazil's largest wind energy developers, headquartered in the Northeast region with multi-GW pipeline. Directly comparable as a Brazilian wind-focused IPP using auction-based offtake and JV partnerships for project development.

Broad incumbents

• Iberdrola Renovables: Global renewable energy arm of Iberdrola, with Brazilian operations (Iberdrola Brasil) including wind and solar. Comparable as a multi-technology renewable IPP operating in Brazil through auction wins and long-term PPAs.
• Engie Brasil: Brazilian subsidiary of global utility Engie, one of the largest private power generators in Brazil with significant wind, solar, and hydro assets. Directly comparable as a multi-technology renewable IPP competing in the same LEN/LER auction framework.
• CPFL Energia: Major Brazilian energy group with generation, transmission, and distribution assets, including renewable generation via CPFL Renováveis. Comparable as a Brazilian renewable energy owner/operator participating in regulated auctions.
• Statkraft: Norwegian state-owned renewable IPP with significant global wind and hydro portfolio, including Brazilian operations. Comparable as a multi-technology (wind/hydro) renewable IPP with utility-scale project development capability.
• EDP Renováveis (EDPR): Global renewable energy developer with significant operations in Brazil through EDPR Brasil. Comparable as a multi-technology wind/solar IPP active in the same Brazilian regulatory environment with similar auction-based revenue model.

Regional players

• Votorantim Energia: Brazilian energy arm of Votorantim Group with wind, solar, and hydro assets. Comparable as a Brazilian multi-technology IPP developing renewable projects for the regulated auction market.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/pecenergia
• LinkedInlinkedin.com/company/pecenergia

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about PEC Energia