Earnings ·
AXIA Energia S.A. reported second quarter 2026 results featuring adjusted regulatory EBITDA of R$ 6,683 million, a…
EBR-BBrazilian Electric Power Co
AXIA Energia S.A. reported second quarter 2026 results featuring adjusted regulatory EBITDA of R$ 6,683 million, a 21.5% year-over-year increase driven by higher generation contribution margins and reduced provisions. Adjusted net income reached R$ 1,608 million, while investments surged 53% to R$ 3,117 million, including R$ 636 million in transmission expansion. The company secured Lots 8, 9, and 10 in Transmission Auction No. 01/2026, expected to generate R$ 50.8 million in additional RAP with R$ 668 million in investments. Portfolio management activities included the sale of a 49% stake in transmission SPEs for R$ 451.4 million and the acquisition of Tijoá Energia shares for R$ 256 million to fully consolidate the Três Irmãos Hydroelectric Power Plant. Additionally, AXIA Energia completed its migration to B3's Novo Mercado governance level and announced an extraordinary general meeting on August 28, 2026, to approve a merger of four subsidiaries. The company operates in the Brazilian energy sector, focusing on electricity generation and transmission.