Eletrobras Axia Energia

What Eletrobras Axia Energia does

AXIA Energia is Brazil's largest renewable energy company, operating as a fully integrated generation, transmission, and commercialization platform. The company controls 81 generating plants—47 hydroelectric, 33 wind, and 1 solar facility—producing 100% renewable electricity that represents 17% of Brazil's national generation capacity, and operates more than 74,000 kilometers of transmission lines accounting for 37% of the National Interconnected System (SIN). The company was privatized from state ownership in 2022 under Eletrobras, rebranded to AXIA Energia in October 2025, and began trading on B3's Novo Mercado segment in June 2026 under the ticker AXIA.

The business serves two primary energy markets in parallel. In the regulated market, AXIA participates in ANEEL auctions to supply distribution utilities under long-term contracts, and earns regulated annual permitted revenue (RAP) on its transmission infrastructure. In the free energy market (ACL), the company directly commercializes renewable electricity to large industrial, commercial, and agribusiness consumers through its own sales force, while offering adjacent services including demand-response aggregation (acting on behalf of clients such as Anglo American), I-REC/RECFY renewable energy certificate issuance, and the METRIA digital decarbonization platform developed in partnership with Cepel that enables SMEs to calculate emissions and purchase compensation instruments. Three wholly-owned regional subsidiaries (AXIA Norte, AXIA Sul, AXIA Nordeste) provide nationwide asset coverage.

Revenue is driven primarily by regulated energy generation and transmission tariffs, supplemented by transactional revenue from demand-response aggregation, I-REC issuance (11.9 million certificates in 2025, the largest in Brazil), and emerging offerings such as green hydrogen pilots. The company demonstrates strong post-privatization capital discipline: Q4 2025 adjusted EBITDA reached R$5.7 billion (up 13% YoY), operating costs have been reduced 16% since privatization, record transmission investments of R$4.75 billion were deployed in 2025, and the corporate structure is being simplified through transactions such as the R$1.174 billion ISA Energia asset swap (March 2026). Growth is oriented toward asset renewal (ANDRITZ modernization of Itumbiara), grid resilience partnerships (ANA hydrometeorological network), and digital product extension (METRIA, Innovation Grid ecosystem).

Name

Eletrobras Axia Energia

Legal name

AXIA Energia

Website

https://axia.com.br

Company type

Public

Founded year

2025

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

AXIA Energia is Brazil's largest renewable energy company, operating 81 generating plants (47 hydro, 33 wind, 1 solar) and 74,000+ km of transmission lines, supplying electricity to regulated and free energy market customers while offering decarbonization, demand-response, and I-REC services across Brazil's National Interconnected System.

Ownership category

akta.pro rank

Product category

Renewable Energy Generation & Transmission

NAICS

Electric Power Generation, Transmission and Distribution (2211), Hydroelectric Power Generation (221111), Wind Electric Power Generation (221115), Electric Power Transmission, Control, and Distribution (22112), Solar Electric Power Generation (221114)

SIC

Electric Services (4911), Switchgear & Switchboard Apparatus (3613)

akta.pro primary industry

DER & Microgrid Interconnection / Grid Edge Integration Services (EUAEANAF)

akta.pro secondary industries

Transmission Interconnection & Line Works (Gen-Tie Lines, Overhead/Underground Lines) (EUAMAFAF), Power Electronics for Renewable & Grid-Tied Applications (Solar inverters, wind converters, grid-tie interfaces) (IMAGADAJ)

Keywords

• Renewable power generation
• Electricity transmission services
• Energy commercialization
• Decarbonization platform
• Demand response aggregation

Headquarters

HQ city

Rio De Janeiro

HQ country

Brazil

HQ region

Latin America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Energy Generation and Commercialization: AXIA Energia generates electricity from 100% renewable sources (hydroelectric, wind, solar) and commercializes this energy in both the regulated market (through ANEEL auctions) and the free energy market (ACL) directly to large industrial and commercial consumers. This is the primary revenue driver, supported by the company's position as largest generator in the Southern Hemisphere.
2. Energy Transmission: AXIA operates and earns tariffs from over 74,000 km of transmission lines (37% of Brazil's SIN), providing transmission services under regulated frameworks. Revenue is based on the Regulatory Agency (ANEEL) permitted annual revenue (RAP).
3. Decarbonization Solutions (METRIA): The METRIA platform offers digital decarbonization services to small and medium enterprises, providing emission calculation, I-REC/RECFY certificates, and carbon credits through an integrated e-commerce approach. Revenue derives from certificate issuance and carbon credit transactions.
4. Demand Response Aggregation: AXIA acts as an aggregator representing free energy market consumers in voluntary demand reduction offers to the ONS (Operador Nacional do Sistema), generating revenue from capacity payments and avoided dispatch of thermal plants. The company coordinated 80 MW reductions for Anglo American, the largest demand response volume in Brazil.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels8 records

Core offering

AXIA Energia (formerly Eletrobras) is Brazil's largest renewable energy company, generating electricity from 81 plants (47 hydroelectric, 33 wind, 1 solar) and operating more than 74,000 km of transmission lines (37% of the National Interconnected System). The company commercializes energy in both regulated (ANEEL auctions) and free energy markets, offers digital decarbonization services via the METRIA platform, and aggregates demand response on behalf of large industrial consumers such as Anglo American.

Product overview

AXIA Energia (formerly Eletrobras) is a comprehensive energy solutions company operating a platform-plus-services model. The core offerings include power generation (81 plants: 47 hydroelectric, 33 wind, 1 solar) and transmission infrastructure (74,000+ km of lines). Digital products include METRIA for decarbonization services, a demand response aggregation platform, and the Innovation Grid innovation ecosystem. Regional subsidiaries (AXIA Norte, Sul, Nordeste) manage assets across Brazil, while the company also offers energy commercialization services, regional development funds, and emerging green hydrogen initiatives. All operations are 100% renewable.

Differentiator

Problem solved

Functional benefit

Brands

• METRIA: Digital decarbonization platform connecting small and medium enterprises to sustainable solutions including carbon credits and I-RECs (Renewable Energy Certificates).
• Innovation Grid
• AXIA Norte
• AXIA Sul
• AXIA Nordeste

Products and services

• Generation and Transmission (Geração e Transmissão) Core generation and transmission business delivering 100% renewable electricity (hydroelectric, wind, solar) and operating regulated transmission infrastructure under ANEEL framework. Serves distribution utilities and free energy market customers across Brazil.
• Buy Energy (Comprar Energia) Energy commercialization service for free energy market (ACL) consumers enabling direct renewable energy purchase contracts with AXIA. Targets large industrial, commercial, and agribusiness buyers eligible for the Brazilian free market.
• METRIA 100% digital decarbonization platform that enables small and medium enterprises to calculate greenhouse gas emissions and purchase compensation strategies including renewable energy certificates (I-RECs, RECFYs) and carbon credits. Built on IPCC and GHG Protocol methodologies with an integrated e-commerce layer.
• Aggregated Demand Response (Resposta da Demanda) Pioneering aggregated demand response service that enables free market consumers to offer voluntary energy reduction during peak demand hours to the ONS (Operador Nacional do Sistema), generating revenue from capacity payments and avoiding dispatch of expensive thermal plants.
• Green Hydrogen (Hidrogênio Verde) Emerging green hydrogen production initiative using a pilot electrolysis plant at Itumbiara powered by hydroelectric and photovoltaic energy, producing approximately 100 kg/day, supporting decarbonization of hard-to-abate sectors.

Quantifiable outcome

• Q4 2025 adjusted net income increased 141% to R$1.25 billion vs. Q4 2024
• +4 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature4 records

Partnerships

Five partnerships are on record, tiered core.

• ANDRITZcoreTechnology or Integration · 8 April 2026AXIA Energia awarded ANDRITZ a major automation modernization contract for the Itumbiara hydropower plant in Brazil, one of the country's largest with six generating units totaling 2,082 MW. The contract, worth tens of millions of euros, covers complete renewal of protection, control, and supervision systems along with mechanical components. ANDRITZ will implement its proprietary HIPASE digital platform and cybersecurity measures at the plant, which has operated continuously since 1980.
• ANA (Agência Nacional de Águas)coreStrategic or Co-development Partner · 25 March 2026AXIA Energia and ANA (Agência Nacional de Águas) signed a R$290 million agreement to modernize Brazil's National Hydrometeorological Network in strategic river basins and enhance prevention of extreme weather events. This partnership strengthens environmental monitoring and contributes to water resource management in the regions where AXIA operates its hydroelectric assets.
• ISA Energia BrasilcoreStrategic or Co-development Partner · 19 March 2026AXIA Energia and ISA Energia Brasil completed the signing of an agreement on March 19, 2026 to decross ownership stakes in two electricity transmission assets: IE Madeira and IE Garanhuns. AXIA sold its 49% stake in IE Madeira to ISA while acquiring full control of IE Garanhuns where it previously held a minority position. AXIA received R$1.174 billion in financial compensation. The transaction aligns with AXIA's Strategic Plan objectives of optimizing minority participations, capital discipline, and corporate structure simplification, subject to regulatory approval from ANEEL and CADE.
• Cepel (Centro de Pesquisas de Energia Elétrica)coreTechnology or Integration · 6 January 2026AXIA Energia developed the METRIA decarbonization platform in partnership with Cepel (Centro de Pesquisas de Energia Elétrica), Brazil's main electricity research center. Cepel's research expertise enabled the creation of a 100% digital platform that calculates emissions based on IPCC and GHG Protocol methodologies and integrates an e-commerce layer for renewable energy certificates and carbon credits.
• Anglo AmericancoreStrategic or Co-development Partner · 1 January 2025AXIA Energia, acting as Demand Response Aggregator, represented Anglo American (one of the world's largest mining companies) in the first aggregated demand response offer in Brazil. The partnership achieved an 80 MW consumption reduction from 18h to 22h on three days in January, delivering the largest demand response volume ever in Brazil and generating revenue for Anglo American while contributing to grid stability.

Scale indicators13 records

Recent moves9 records

Expansion highlights6 records

Broad incumbents

• Iberdrola: Global renewable energy leader with significant presence in Brazil via Neoenergia. Comparable business model of vertically integrated renewable generation, transmission, and digital energy services for industrial customers.
• Equatorial Energia: Brazilian multi-utility with distribution and increasingly generation/transmission assets. Comparable as a large Brazilian listed utility, though AXIA's scale in transmission (37% of SIN) far exceeds Equatorial's footprint.
• Hydro-Québec: Canadian vertically integrated, predominantly hydroelectric utility with extensive transmission infrastructure. Comparable to AXIA in large-scale renewable baseload generation model, regulated transmission tariffs, and strategic role in national grid stability.

Direct peers

• Companhia Energética de Minas Gerais (Cemig): Vertically integrated Brazilian utility with generation, transmission, and distribution, including significant hydroelectric assets. Comparable to AXIA on regulated transmission revenues, hydro-heavy generation mix, and B3 Novo Mercado listing status.
• Auren Energia: Brazilian power company formed from merger of Votorantim Energia and Cesp, focused on renewable generation and energy commercialization. Direct competitor in ACL free-market supply and renewable generation.
• CPFL Energia: Major Brazilian electricity company with generation (renewables), transmission, and distribution operations, owned by State Grid of China. Competes with AXIA across the value chain including in ACL free-market energy supply and renewable generation.
• Engie Brasil: One of the largest private-sector power generators and distributors in Brazil, with a mixed renewable (hydro, wind, solar) and conventional portfolio. Directly comparable to AXIA on generation scale, free-market energy commercialization, and transmission/distribution presence in Brazil.
• ISA Energia Brasil: Brazil's largest pure-play transmission company, recently involved in a R$1.174B asset swap with AXIA. Direct peer on transmission infrastructure, regulated RAP revenue model, and asset portfolio rationalization strategy.
• Neoenergia: Brazilian subsidiary of Iberdrola operating generation (renewables), transmission, and distribution. Comparable in vertically integrated utility model, renewable generation expansion, and listed share structure.

Emerging players

• Eneva: Brazilian power company focused on thermoelectric generation in isolated regions. Less directly comparable as a fossil-heavy generator, but listed Brazilian energy utility with similar B3 Novo Mercado status and free-market commercialization activities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/axiaenergiaof
• YouTubeyoutube.com/@axiaenergia
• Facebookfacebook.com/AXIAEnergia
• LinkedInlinkedin.com/company/42210
• Instagraminstagram.com/axiaenergia
• TikToktiktok.com/@axiaenergiaoficial

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments1 record

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

Frequently asked questions about Eletrobras Axia Energia