Daily Current: Brazilian Utilities

Research evidence excerpt

Daily Current: Brazilian Utilities

Global Research

16 July 2026ab

Daily Current Equities

Latin AmericaBrazilian Utilities

Utilities

Giuliano Ajeje

Engie prices share offering at BRL 30.50 and raises BRL 8.36 billion Analyst

According to Brasil Energia, Engie Brasil Energia has priced its follow-on equity giuliano.ajeje@ubs.com

offering at BRL 30.50 per share, raising approximately BRL 8.36 billion. The +55-11-2767 6371

transaction represents one of the largest recent capital market operations in Henrique Simoes

Brazil’s power sector and is expected to strengthen the company’s balance sheet Associate Analyst

and support its investment strategy. Proceeds are likely to be directed toward henrique.simoes@ubs.com

growth initiatives, including renewable generation expansion and potential +55-11-2767 6308

portfolio optimization, reinforcing Engie’s positioning within Brazil’s evolving Julia Ongarato

energy transition landscape. (link) Associate Analyst

julia.ongarato@ubs.com

ISA Energia launches follow-on offering of up to BRL 13 billion +55-11-2767 6694

According to Brasil Energia, ISA Energia Brasil has launched a primary and secondary

share offering that could raise up to BRL 13 billion, depending on demand and

potential additional allotments. T he operation aims to reinforce the company’s

capital structure and support its investment pipeline, particularly in transmission

projects where the company maintains a strong presence. The deal highlights

continued access to capital markets among Brazilian energy companies and signals

ongoing expansion opportunities in regulated segments, especially amid a robust

auction pipeline and stable returns framework. (link)

Commission approves out-of-agenda contracting of 7.4 GW in new power plants