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Neoenergia SA (Neoenergia), a subsidiary of Iberdrola SA, is an electricity utility company. It provides electricity and power generation, distribution, transmission, commercialization, and trading services. The company generates electricity through fuel sources such as hydro, thermal, and wind power plants. Neoenergia also provides trading of electricity in the wholesale energy market and serves consumer units in Bahia, Pernambuco, and Rio Grande do Norte and controls distributors Coelba, Celpe, and Cosern. The company serves residential, commercial, industrial, rural, and public utility customers across Rio de Janeiro, Bahia, Rio Grande do Norte, Pernambuco, Goias, and Mato Grasso. Neoenergia is headquartered in Rio de Janeiro, Brazil.
Neoenergia SA premium industry data and analytics
Products and Services
| Services |
|---|
| Commercialization Service |
| Transmission, Distribution, and Generation of Electricity |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Corporate Changes/Expansions | In July, the company and the National Electric Energy Agency opened the Aneel Museum of Energy Efficiency. |
| 2026 | Contracts/Agreements | In June, Neoenergia Coelba entered into a financing agreement with the Japan International Cooperation Agency to develop the electricity distribution network in Bahia, Brazil. |
| 2026 | Contracts/Agreements | In April, the company expanded its strategic partnership with GIC to develop the electricity transmission network business in Brazil. |
Competitor Comparison
| Key Parameters | Neoenergia SA | Equatorial SA | CPFL Energia SA | Rede Energia Participacoes SA | Empresa Metropolitana de Aguas e Energia SA |
|---|---|---|---|---|---|
| Headquarters | Brazil | Brazil | Brazil | Brazil | Brazil |
| City | Rio De Janeiro | Sao Luis | Campinas | Cataguases | Sao Paulo |
| State/Province | Rio de Janeiro | - | Sao Paulo | - | Sao Paulo |
| No. of Employees | 15,525 | 1,178 | 16,092 | 7,703 | 507 |
| Entity Type | Private | Public | Public | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Eduardo Capelastegui Saiz | Director; Chief Executive Officer | Executive Board | - | - |
| Jose Ignacio Sanchez Galan | Director; President | Executive Board | - | - |
| Cristiano Frederico Ruschmann | Vice President; Director | Executive Board | - | - |
| Fabiano da Rosa Carvalho | Director - Regulatory | Senior Management | - | - |
| David Benavent del Prado | Chief Commercial Officer | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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