Light S.A. () is a private public utility company of

Rio de Janeiro Rio de Janeiro ( , , ; literally 'River of January'), or simply Rio, is the capital of the Rio de Janeiro (state), state of the same name, Brazil's List of Brazilian states by population, third-most populous state, and the List of largest citi ...

Brazil Brazil ( pt, Brasil; ), officially the Federative Republic of Brazil (Portuguese: ), is the largest country in both South America and Latin America. At and with over 217 million people, Brazil is the world's fifth-largest country by area ...

. Founded in 1904 in

Toronto, Ontario Toronto ( ; or ) is the capital city of the Canadian province of Ontario. With a recorded population of 2,794,356 in 2021, it is the most populous city in Canada and the fourth most populous city in North America. The city is the ancho ...

, Canada by The Rio de Janeiro Tramway, Light and Power Co. Ltd., it was authorized to operate in Brazil in 1905. Research activities of generation, distribution and sale of electricity and each of these areas is represented by a different company. Currently the controlling stake in Light is owned by

CEMIG CEMIG is a Brazilian power company headquartered in Belo Horizonte capital of the state of Minas Gerais. The company is one of main electricity concessionaires in Brazil, headquartered in the city of Belo Horizonte, capital of the state of Minas ...

, an electric company based in Belo Horizonte.

History

Electrical power infrastructure in Rio de Janeiro was originally developed in 1904 by the Rio de Janeiro Tramway, Light and Power Company, a company financed with foreign capital and legally domiciled in Toronto, Ontario, Canada. After 1912, this company was part of the

holding company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...

Brazilian Traction, Light and Power Company (usually known in Brazil simply as "Light"), which eventually changed its name to

Brascan Brookfield Asset Management Inc. is a Canadian multinational company that is one of the world's largest alternative investment management companies, with over US$725 billion of assets under management in 2022. It focuses on direct contro ...

(for "Brasil" + "Canada"). In 1979, the company's Brazilian assets transferred to Brazilian ownership. The Canadian company, which had in the meantime diversified to other areas, still exists under the name

Brookfield Asset Management Brookfield Asset Management Inc. is a Canadian Multinational corporation, multinational company that is one of the world's largest alternative investment management companies, with over US$725 billion of assets under management in 2022. It ...

References

External links

* {{Authority control Privatized companies of Brazil Electric power companies of Brazil Companies based in Rio de Janeiro (city) Companies listed on B3 (stock exchange) 1904 establishments in Brazil