ENGIE Brasil
In today's world, ENGIE Brasil is a topic that captures the attention and interest of a large number of people around the world. Whether due to its historical relevance, its impact on contemporary society or its influence on popular culture, ENGIE Brasil has become a recurring topic of conversation everywhere. From political debates to academic discussions, ENGIE Brasil continues to be a hot topic that sparks emotions, opinions and reflections in all spheres of life. With an importance that transcends borders, ENGIE Brasil continues to be a point of interest for individuals of all ages and backgrounds, consolidating itself as a topic that continues to generate interest and debate.
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| Company type | Sociedade Anônima |
|---|---|
| B3: EGIE3 Ibovespa Component | |
| Industry | Electricity |
| Founded | 1998 |
| Headquarters | Florianópolis, Brazil |
Key people | Maurício Stolle Bähr, (Chairman) Eduardo Antonio Gori Sattamini, (CEO) |
| Products | Electric power |
| Revenue |  US$ 2.2 billion (2018) |
| US$ 592.3 million (2018) | |
Number of employees | 1,100 |
| Parent | ENGIE |
| Website | www.engieenergia.com.br |
ENGIE Brasil formerly Tractebel Energia is a major Brazilian utility company, headquartered in Florianópolis, Santa Catarina. It is one of the largest private electricity producers in Brazil. Its 11 plants, six of them hydroelectric and the remainder thermal, have an installed capacity of 9,000 MW. ENGIE Brasil's major shareholder is ENGIE, the Paris-based utility company.
The company originated as Gerasul, short for Centrais Geradoras do Sul do Brasil SA ('Power plants of the South of Brazil' in English) which was sold to Tractebel by Brazil's Eletrosul in 1998. Gerasul held Eletrosul's power generation assets in the southern Brazilian states of Santa Catarina, Rio Grande do Sul, Paraná and Mato Grosso do Sul. Gerasul changed its name to Tractebel Energia in 2002.
ENGIE owns around 68% of ENGIE Brasil stocks, which is traded on B3, the Sao Paulo Stock Exchange.
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