EDP Brasil is one of the largest Brazilian electric utility companies. It is a subsidiary of
EDP - Energias de Portugal
EDP (formerly EDP - Energias de Portugal and Electricidade de Portugal) is a Portuguese electric utilities company, headquartered in Lisbon founded in 1976 through the merger of 14 nationalised electricity companies.
History
EDP was founded as ...
in Brazil. The company was founded in 1996 in
São Paulo
São Paulo (; ; Portuguese for 'Paul the Apostle, Saint Paul') is the capital of the São Paulo (state), state of São Paulo, as well as the List of cities in Brazil by population, most populous city in Brazil, the List of largest cities in the ...
.
Through its subsidiaries the company generates, distributes and sells electric energy in nine Brazilian states and in the generation segment, representing 2,3 GW of installed capacity. In the distribution segment, the group operates in two states (São Paulo and Espírito Santo) and serves a total of 3.1 million customers. In the commercialization segment, EDP operates in the free contracting environment both in the concession areas of our distributors as well as in other concession areas and in renewable energy segment the company operates wind and hydro electric plants with an installed generation capacity of 2.381 MW.
It is the third largest non-state electricity commercialization company in Brazil, the fifth largest non-state generation and the fourth largest non-state in energy distribution.
On listing its capital in July 2005, it signed up to the São Paulo Stock Exchange’s (
B3) Novo Mercado.
For the seventh consecutive year, the company is a component of B3's Corporate Sustainability Index (ISE).
The Portuguese energy group EDP announced In March, 2023, a plan to close capital of EDP Brasil, or Energias do Brasil, aiming to bring greater flexibility in financial and operational management to the local subsidiary.
References
External links
*
EDP - Energias de Portugal website
Companies based in São Paulo
Electric power companies of Brazil
Companies listed on B3 (stock exchange)
Brazilian companies established in 1996
Energy companies established in 1996
Brazilian subsidiaries of foreign companies
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