UTILITIES COMP TABLE: Figure 1: Utilities IRR tracker

Research evidence excerpt

UTILITIES COMP TABLE: Figure 1: Utilities IRR tracker

Global Research

16 June 2026ab

Daily Current Equities

Latin AmericaBrazilian Utilities

Utilities

Giuliano Ajeje

Favorable hydrology and lower load pressure energy prices on BBCE Analyst

According to MegaWhat, energy prices traded on the trading floor of EHUB, BBCE's giuliano.ajeje@ubs.com

business platform, fell again in the week of June 8 to 12, with a highlight to +55-11-2767 6371

contracts maturing in 2026. Among the main drops is the conventional contract with Henrique Simoes

delivery in the Southeast and maturing in July, with a retraction of 17.06%, from R Associate Analyst

$187.19/MWh to R$155.25/MWh. (link) henrique.simoes@ubs.com

+55-11-2767 6308

Interconnection with Bolivia may alleviate generation cuts in Brazil Julia Ongarato

According to MegaWhat, the electrical interconnection between Brazil and Bolivia Associate Analyst

has the potential to contribute to the reduction of power cuts, especially in periods julia.ongarato@ubs.com

+55-11-2767 6694

of high solar production and low demand. The assessment is included in a planning

study by the National Electric System Operator (ONS) on the feasibility of the future

420 MW international connection. (link)

Default in MCP rises to R$94.8mn in April, driven by 2W and Electra Varejo

According to MegaWhat, the effective delinquency in the financial settlement of

the Short-Term Market (MCP) for April rose to R$94.8mn, an increase of R$34.5mn

compared to the R$60.25mn recorded in the March operation, according to data

from the Electric Energy Trading Chamber (CCEE). The increase was mainly

concentrated in the entry of Electra Energia Digital in the list of delinquent agents

and in the growth of the debt of 2W Comercializadora Varejo. (link)