AXIA Energia S.A. reported second-quarter 2026 financial results showing Adjusted Regulatory EBITDA of R$ 6,683 million, a 21.5% year-over-year increase. The company announced the winning bid in a transmission auction with projected ANEEL CAPEX of R$ 668 million and RAP of R$ 50.8 million. Portfolio management activities included divesting minority stakes for R$ 451.4 million, assigning credits from Amazonas Energia for R$ 554.1 million, and consolidating Três Irmãos HPP with a payment of R$ 256 million. Additionally, the company approved the redemption or conversion of AXIA7 shares totaling R$ 2 billion at a price of R$ 53.71 per share, with an opt-in period from August 12 to 14 and settlement dates on August 18 and 24. Capital allocation methodology allows up to R$ 3.7 billion for allocation in the second quarter, bringing the first-half total to R$ 7.7 billion. The company operates in the Brazilian electric power generation and transmission industry.