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Neoenergia announced its financial and operating results for the second quarter and 2023 so far. Cash EBITDA was around BRL 2.4 billion in the second quarter, and approximately BRL 4.97 billion in the first half, up by 5% and 6% year on year, respectively. Net profit was BRL 728 million from April to June, and BRL 1.9 billion from January to June.
Neoenergia’s Capex was BRL 4.3 billion in the first half, and BRL 2.2 billion in the second quarter. Of the total investment in the year so far, BRL 2.4 bil...
Neoenergia signed an agreement on Tuesday (25) with GIC, a leading global institutional investor, for the sale of a 50% equity interest in eight transmission assets that are in operation. The projects – Jalapão, Santa Luzia, Dourados, Atibaia, Biguaçu, Sobral, Narandiba and Rio Formoso – total 1,865 kilometers of transmission lines. The purchase price is estimated at about R$ 1.2 billion, subject to usual price adjustments. A transmission holding company will be set up to incorporate the operating assets.
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