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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 Norte, Pernambuco, Goias, and Mato Grasso. Neoenergia is headquartered in Rio de Janeiro, Brazil.
Headquarters
Brazil
Address
Flamengo Beach, 78 Flamengo, Rio de Janeiro, 22210-030
Website
www.neoenergia.com
Telephone
55 21 32359828
No of Employees
11,746
Industry
Power
Revenue (2025)
$9.4B
Neoenergia SA premium industry data and analytics
Products and Services
| Services |
|---|
| Commercialization Services |
| 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 | Contracts/Agreements | In April, the company expanded its strategic partnership with GIC to develop the electricity transmission network business in Brazil. |
| 2026 | Contracts/Agreements | In March, the company, TEVX, and the Government of the Federal District partnered to launch the first commercial bus in Brazil powered by green hydrogen. |
| 2026 | Contracts/Agreements | In March, the company entered into a contract to deliver a total of 152 GWh of renewable power to Sport Club do Recife. |
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 | 11,746 | 1,178 | 16,204 | 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 | - | - |
| Giancarlo Vassao de Souza | Director | Executive Board | - | - |
| Ivandro Maciel Sanchez | Secretary; Director | Executive Board | - | - |
| Leonardo Pimenta Gadelha | Director | Executive Board | - | - |
| 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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