Type Sociedade Anônima Industry Electricity Products Electric power | Traded as BM&F Bovespa: EGIE3 Founded 1899 Revenue 2.3 billion USD (2013) | |
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Key people Maurício Stolle Bähr, (Chairman)
Manoel Arlindo Zaroni Torres, (CEO) Stock price EGIE3 (BVMF) R$ 35.49 +0.12 (+0.34%)3 Apr, 5:06 PM GMT-3 - Disclaimer Headquarters Florianópolis, Santa Catarina, Brazil CEO Eduardo Antonio Gori Sattamini (2016–) Parent organizations Engie, GDF SUEZ Energy Latin America Participações Ltda. Profiles | ||
ENGIE Brasil formerly Tractebel Energia is a major Brazilian utility company, headquartered in Florianópolis, Santa Catarina. It is one of the largest private electricity producers in Brazil. Its 11 plants, six of them hydroelectric and the remainder thermal, have an installed capacity of 6,977 MW in operations ave an installed capacity of around 9,000 MW. ENGIE Brasil's major shareholder is ENGU S.A., the Paris-based utility company.
The company originated as Gerasul, short for Centrais Geradoras do Sul do Brasil SA ('Power plants of the South of Brazil' in English) which was sold to Tractebel by Brazil's Eletrosul in 1998. Gerasul held Eletrosul's power generation assets in the southern Brazilian states of Santa Catarina, Rio Grande do Sul, Paraná and Mato Grosso do Sul. Gerasul changed its name to Tractebel Energia in 2002.
ENGIE owns around 68% of ENGIE Brasil stocks, which is traded on BM&F Bovespa.