Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Brazil
  4. Bolsa de Valores de Sao Paulo
  5. AES Brasil Energia S.A.
  6. News
  7. Summary
    AESB3   BRAESBACNOR7

AES BRASIL ENERGIA S.A.

(AESB3)
  Report
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Groups deliver proposals for EDP Brazil's hydroelectric plants -source

06/14/2021 | 08:24am EDT

SAO PAULO, June 14 (Reuters) - Brazilian energy companies Eneva SA and Votorantim Energia are among groups interested in acquiring three hydroelectric plants EDP Energias do Brasil put up for sale, one source with knowledge of the matter said on Monday.

The source added that around 10 groups delivered initial proposals for the assets. The investment banking unit of Banco Bradesco SA is managing the process.

Brazilian newspaper Valor Economico reported the deal earlier on Monday, also mentioning AES Brasil Energia SA as a bidder. In a statement to Reuters, AES Brasil said it has not delivered an offer.

EDP Brasil is aiming to raise roughly 4.5 billion reais ($880 million) from the sale. The plants are located in the Brazilian states of Espirito Santo and Amapa, with a total capacity of 800 megawatts.

Votorantim, Eneva and Bradesco did not immediately respond to a Reuters request for comment. EDP Energias do Brasil said it "does not comment on market rumors."

Portugal's EDP had discussed a deal involving Latin America two years ago with its shareholder China Three Gorges Corp.

The Chinese company has been reducing its stake in EDP and sold 2.5% of the company last January.

($1 = 5.1142 reais) (Reporting by Tatiana Bautzer, additional reporting by Carolina Mandl; editing by Louise Heavens, Steve Orlofsky and Dan Grebler)


© Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
AES BRASIL ENERGIA S.A. -2.53% 13.87 End-of-day quote.0.00%
BANCO BRADESCO S.A. -1.70% 24.25 End-of-day quote.-1.71%
EDP - ENERGIAS DE PORTUGAL, S.A. -2.30% 4.377 Real-time Quote.-15.11%
EDP - ENERGIAS DO BRASIL S.A. -1.61% 17.13 End-of-day quote.-12.82%
ENEVA S.A. -2.31% 16.46 End-of-day quote.6.02%
All news about AES BRASIL ENERGIA S.A.
06/25AES BRASIL ENERGIA S A : Comunicação sobre Transação entre Partes Relacionadas
PU
06/14Groups deliver proposals for EDP Brazil's hydroelectric plants -source
RE
05/13AES Tietê Energia S.A. agreed to acquire 231-MW Wind Portfolio In Brazil from..
CI
05/04Aes Brasil Energia S.A. Reports Earnings Results for the First Quarter Ended ..
CI
04/30AES Tietê Energia S.A. completed the acquisition of MS Wind Complex and Santo..
CI
03/25AES TIETÊ ENERGIA S.A.(BOVESPA : TIET11) dropped from Brazil Small Cap Index
CI
03/25AES TIETÊ ENERGIA S.A.(BOVESPA : TIET11) dropped from Brazil Electric Power Inde..
CI
03/25AES TIETÊ ENERGIA S.A.(BOVESPA : TIET11) dropped from Brazil Special Tag Along S..
CI
03/25AES TIETÊ ENERGIA S.A.(BOVESPA : TIET11) dropped from Brazil Special Corporate G..
CI
03/25AES TIETÊ ENERGIA S.A.(BOVESPA : TIET11) dropped from Brazil Corporate Sustainab..
CI
More news
Financials
Sales 2021 2 287 M 439 M 439 M
Net income 2021 304 M 58,4 M 58,4 M
Net Debt 2021 4 908 M 942 M 942 M
P/E ratio 2021 18,2x
Yield 2021 5,49%
Capitalization 5 536 M 1 075 M 1 062 M
EV / Sales 2021 4,57x
EV / Sales 2022 4,65x
Nbr of Employees -
Free-Float 0,00%
Chart AES BRASIL ENERGIA S.A.
Duration : Period :
AES Brasil Energia S.A. Technical Analysis Chart | AESB3 | BRAESBACNOR7 | MarketScreener
Technical analysis trends AES BRASIL ENERGIA S.A.
Short TermMid-TermLong Term
TrendsNeutralBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 13
Last Close Price 13,87 BRL
Average target price 16,45 BRL
Spread / Average Target 18,6%
EPS Revisions
Sector and Competitors
1st jan.Capi. (M$)
AES BRASIL ENERGIA S.A.0.00%1 075
NEXTERA ENERGY0.97%152 821
ENEL S.P.A.-5.99%93 790
DUKE ENERGY CORPORATION14.80%80 853
IBERDROLA, S.A.-13.16%75 053
SOUTHERN COMPANY4.93%67 615