Engie Brasil Energia S.A. (EGIEY) Research
Engie Brasil Energia S.A., along with its affiliated entities, is a prominent participant in Brazil's electricity market, handling the generation, distribution, and trading of electrical power. The company's operations are extensive, encompassing 68 power generation facilities across 21 Brazilian states. This diverse portfolio includes 11 large hydroelectric plants, 4 thermal power stations, 49 wind farms, 3 biomass facilities, 2 photovoltaic solar arrays, 1 conventional thermoelectric unit, and 2 smaller hydroelectric installations. By the close of 2021 (specifically, December 31st), its total installed capacity had reached 8,218.7 megawatts. Beyond electricity, the company is active in natural gas transportation, managing a 4,500 km network of pipelines across Brazil's Southeast, Northeast, and North regions. Furthermore, it holds interests in the solar panel sector, covering manufacturing, wholesale and retail sales, as well as operational management and maintenance services. Originally established as Tractebel Energia S.A., the company adopted its current name, Engie Brasil Energia S.A., in July 2016. Its inception dates back to 2005, with its main offices located in Florianópolis, Brazil. Engie Brasil Energia S.A. functions as a subsidiary under the umbrella of ENGIE Brasil Participações Ltda.
Market snapshot
- Symbol
- EGIEY
- Price
- $6.70
- Day change
- +5.51%
- Market cap
- $27.4B
- P/E ratio
- 14.94x
- 52-week range
- 5.05-9.5
- Sector
- Utilities
- Industry
- Regulated Electric
- Next earnings
- in 2 months
Recent news
- Engie Brasil approves share offering
Power company Engie Brasil said on Wednesday that its board had approved a public offering of new shares, according to a securities filing.
Peer companies
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