Daily Current Brazilian Utilities

Research evidence excerpt

Daily Current Brazilian Utilities

Global Research

3 July 2026ab

Daily Current Equities

Latin AmericaBrazilian Utilities

Utilities

Giuliano Ajeje

Aneel has already returned R$53.2bn to consumers for PIS/Cofins credits Analyst

According to MegaWhat, Aneel has already returned about R$53.21bn to consumers giuliano.ajeje@ubs.com

in the tariff processes of electricity distributors and permittees, due to tax credits +55-11-2767 6371

resulting from the exclusion of ICMS from the PIS/Pasep and Cofins calculation Henrique Simoes

basis. The amount considers refunds made until December 2025, including through Associate Analyst

extraordinary tariff reviews provided for in Law 14,385/2022. (link) henrique.simoes@ubs.com

+55-11-2767 6308

BNDES seeks to mobilize up to R$6bn for the carbon credit market Julia Ongarato

According to MegaWhat, the National Bank for Economic and Social Development Associate Analyst

(BNDES) announced on Thursday, July 2, the launch of the second stage of the julia.ongarato@ubs.com

+55-11-2767 6694

ProFloresta+ program, an initiative to encourage the carbon credit market in the

country. The public bank linked to the federal government expects to mobilize up to

R$6bn with the new phase. (link)

MCP default should fall to R$424mn, estimates CCEE

According to MegaWhat, the Electric Energy Trading Chamber (CCEE) estimates that

the financial settlement of the Short-Term Market (MCP) referring to the May

accounting should close with R$424.4mn open, below the R$ 441.86mn recorded in

the previous operation. The number does not yet represent the definitive result of

the liquidation, which will be completed on July 8, but reflects the best estimate

available so far, based on information already known to the chamber, such as