Iberdrola in Brazil
An energy giant in Brazil
We operate in the areas of generation, transmission, distribution and commercialisation in Brazil. We are present in 18 states and the Federal District and we are the main private electricity company with a presence in the network business, listed on the São Paulo B3.
More than two decades ago, at Iberdrola we set ourselves a challenge for Brazil: to build a more sustainable and affordable electricity model for its citizens. In line with the global movement for energy transition, we have been pioneers in the generation of renewable energy in the country and have invested in wind energy since the beginning of the 21st century. Now we continue to develop new environmentally friendly projects and drive new technologies for smart grids.
Iberdrola, key to the energy transition in Brazil
Iberdrola's subsidiary in Brazil, Neoenergia External link, opens in new window. has been driving sustainable development in the country since its creation in 1997. After the incorporation of Elektro Holding in 2017, the company began to form part of the giant of the Brazilian and Latin American electricity market. But Neoenergia's big leap came in 2019 with its listing on the São Paulo Stock Exchange, which led it to become the leading private electricity company with a presence in the network business. In addition, the company accelerated its commitment to Brazil in 2021 with the acquisition of CEB Distribuição, the Brasilia distribution company.
Neoenergia's main businesses are:
* Neoenergia, S.A. is indirectly owned 50 % + 1 share by Iberdrola, S.A
Some key figures
Data updated at the end of the first half of 2024.
M€ of EBITDA
M€ of investment to 2026
*LatAm data grouped together.
MW installed renewable capacity
million supply points
electricity grid line in the world
GWh distributed energy
"Iberdrola and Neoenergia confirm their commitment to the country's growth by continuously promoting investment and developing local talent by training their employees. In this way, we generate a driving force for economic activity in the regions where we operate, to the benefit of our customers and society in general."
Ignacio S. Galán
Executive Chairman of Iberdrola
Our most emblematic projects and installations
Boosting ESG criteria in Brazil
At Iberdrola, we remain committed to creating sustainable value for all our stakeholders. To contribute to achieving sustainable development, we conduct our business in line with the three axes used internationally to measure the impact and sustainability of corporate work: environmental, social and governance (ESG) factors. Here are some of Neoenergia's ESG achievements and initiatives:
Committed to Brazil's energy transition
- 1 Iberdrola incorporates footballer Antonia Silva as an ambassador in Brazil
- 2 Iberdrola installs a floating system off the coast of Brazil for wind measurement studies
- 3 Neoenergia allies with Lollapalooza in its fight for decarbonisation
- 4 The UN recognises Neoenergia for its support for victims of gender-based violence