On June 15, 2026, S&P reaffirmed AXIA Energia's national scale issuer credit ratings for long- and short-term at brAAA/brA-1+ and its issue ratings at brAAA. S&P also improved the company's management and governance assessment from negative to neutral and reaffirmed brAAA issue ratings for subsidiaries AXIA Energia Sul S.A., AXIA Energia Norte S.A., and AXIA Energia Nordeste S.A. The ratings reflect expectations that the company will meet its 2026 investment targets, reduce financial leverage, and strengthen cash flow despite volatile energy prices. AXIA Energia operates in the energy industry and generates electricity.