Iberdrola in Brazil
An energy giant in Brazil
Through Neoenergia, Iberdrola’s subsidiary in Brazil, we operate in the areas of distribution, generation, transmission and retail. Neoenergia is present in 18 states and in the Federal District and is the largest private electricity company with a presence in the networks business listed on the São Paulo Stock Exchange.
More than two decades ago, Iberdrola set itself a challenge in Brazil: to build a more sustainable and affordable electricity model for its citizens. That is how Neoenergia, its subsidiary in the country, was born. In line with the global drive for electrification, Neoenergia has been a pioneer in renewable energy generation in Brazil and has been investing in wind power since the early 21st century.
Today, Neoenergia operates across distribution, generation, transmission and retail, continuing to develop environmentally friendly projects and driving new technologies to advance smart grids.
Neoenergia, key to electrification in Brazil
Neoenergia 
External link, opens in new window. has been driving sustainable development in the country since its creation in 1997. Following the acquisition of Elektro Holding in 2017, the company became part of the energy giant in the Brazilian and Latin American markets. But Neoenergia’s major breakthrough came in 2019 with its listing on the São Paulo Stock Exchange, which made it the leading private electricity company with a presence in the networks business. The company further strengthened its commitment to Brazil in 2021 with the acquisition of CEB Distribuição, the electricity distributor in Brasília.
Neoenergia's main businesse areas are:
Networks. The company operates more than 740,000 kilometres of power lines that distribute over 80,000 GWh of electricity to around 40 million Brazilians. It also makes continuous investments in developing smart grid technologies to make electricity transmission more reliable, safe and efficient.
Renewables. Neoenergia operates in the renewable energy sector through wind, hydroelectric and solar technologies, with a total installed capacity of 3.6 GW.
Retail. Through its company Neoenergia Commercialization, the Brazilian subsidiary sells 5.5 TWh of electricity as well as energy products and solutions to 17 million end customers.
* Neoenergia, S.A. is indirectly owned 83.8% by Iberdrola, S.A
Some key figures
Data updated at the end of the first half 2025.
of EBITDA
of investment to 2028
million consumers
employees
GWh distributed energy
electricity grid line in the world
MW installed renewable capacity
"Iberdrola and Neoenergia reaffirm their commitment to the country’s growth by continuously promoting investment and developing local talent through employee training. In this way, we create a driving force for economic activity in the regions where we operate, benefiting our customers and society as a whole."
Ignacio S. Galán
Executive Chairman of Iberdrola
Neoenergia's most emblematic projects and installations
Driving sustainability standards in Brazil
Neoenergia remains firmly committed to creating sustainable value for all its stakeholders. To contribute to sustainable development, the company operates in line with the three internationally recognised pillars used to measure corporate impact and sustainability: environmental, social and governance factors. These are some of Neoenergia’s main achievements and initiatives in the area of sustainability:
For two consecutive years, Neoenergia has been certified as one of the best companies to work for in Brazil in the national Great Place to Work ranking. Neoenergia has also received the international Top Employer 2025 recognition for the excellence of its people management practices and its contribution to the personal and professional development of its employees.
The company won the 2025 Conarec Award in the Energy and Utilities category, the leading customer experience recognition in the Brazilian market.
Neoenergia set a record in 2025 with eight trophies at the Abradee Awards, the most prestigious honours in the distribution sector, including the prizes for “Best company” and “Best operational improvement”.
The customer experience enhancement initiative “Voice of the Customer 360º” received the 2025 LATAM Award, as well as the highest distinction in the Artificial Intelligence category at the ABT Awards.
In 2024, Neoenergia signed five green bank loans maturing in 2027 and 2029, totalling 1.5 billion Brazilian reais (€249m), to finance distribution network construction and automation projects.
A diverse and committed team: Neoenergia had a workforce of 15,528 employees at the end of 2024.
The company has joined forces with the United Nations Children’s Fund (UNICEF) to support public education and strengthen curricula focused on environmental awareness. The initiative will train 4,000 teachers and benefit around 120,000 students in Bahia, Pernambuco, Rio Grande do Norte and the Federal District.
Through Instituto Neoenergia, the subsidiary invests resources in organisations and programmes that make a positive impact on the communities where it operates.
Neoenergia organises an annual call for its Electricians’ School for Women, a free vocational training programme recognised by institutions such as the World Economic Forum, Amcham, WeEmpower and Corresponsables Iberoamérica.
The company offers discounts on electricity tariffs for vulnerable groups and allows customers to request donations through their energy bills to support those in need.
The company offers discounts on electricity tariffs for vulnerable groups and allows customers to request donations through their energy bills to support those in need.
Committed to Brazil's electrification
