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Sector | Utilities |
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Industry | Utilities - Renewable |
Exchange | NYSE |
CurrencyCode | USD |
ISIN | US15234Q1085 |
Beta | 0.4 |
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Dividend Yield | 8.0% |
Market Cap | 17B |
PE Ratio | 10.42 |
Target Price | 11.49 |
Centrais Elétricas Brasileiras S.A. - Eletrobrás, through its subsidiaries, engages in the generation, transmission, and commercialization of electricity in Brazil. The company generates electricity through hydroelectric, thermoelectric, nuclear, wind, and solar plants. As of December 31, 2023, it owned and operated 44 hydroelectric plants with a total capacity of 42,293.5 megawatt (MW); 5 thermal plants, including coal and gas power generation units with a total installed capacity of 1,632 MW; and two nuclear power plants comprising Angra 1 with an installed capacity of 657 MW and Angra 2 with an installed capacity of 1350 MW. It also owns and operates 66,539.17 kilometers of transmission lines. The company was incorporated in 1962 and is based in Rio De Janeiro, Brazil.
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