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Possible Energy Generation Giant May Be On The Way – Eneva Proposes Merger With AES Tietê Potentially Moving R$ 6.6 Billion

Written by Roberta Souza
Published on 03/03/2020 at 10:14
eneva, AES Tietê, fusão, geração de energia, energia, negócios
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Operation That Could Move R$ 6.6 Billion and Give Rise to a New Energy Generation Giant, Eneva Proposes Merger with AES Tietê

Eneva, a private energy generation company with expertise in E&P and access to onshore gas, proposed yesterday (02) a merger with AES Tietê. This announcement could move around 6.6 billion reais and give rise to a new giant in the energy generation sector.

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The proposal was submitted to the Board of Directors of AES Tietê, which will have 60 days to respond. The operation is characterized by its installed capacity, totaling 6.4 GW by the year 2024.

According to the CEO of Eneva, Pedro Zinner, “The two companies have complementary portfolios. The combination of Eneva’s assets with those of AES Tietê would result in a diversified and balanced platform of essential assets to meet growth and energy demand in Brazil. The combined company would encompass all the necessary competencies for the development of new competitive projects that serve the market.”

With the merger position, depending on the request, it will bring to the market a new well-diversified company: 43% thermal, 41% hydroelectric, 11% wind, and 5% solar. The proposal still depends on several factors, such as the approval of shareholders from both companies, the endorsement of CADE (Administrative Council for Economic Defense), and Aneel (National Electric Energy Agency).

What remains is to wait for this possible merger and a significant change in Brazil’s energy market.

Roberta Souza

Autora no portal Click Petróleo e Gás desde 2019, responsável pela publicação de mais de 8.000 matérias que somam milhões de acessos, unindo técnica, clareza e engajamento para informar e conectar leitores. Engenheira de Petróleo e pós-graduada em Comissionamento de Unidades Industriais, também trago experiência prática e vivência no setor do agronegócio, o que amplia minha visão e versatilidade na produção de conteúdo especializado. Desenvolvo pautas, divulgo oportunidades de emprego e crio materiais publicitários direcionados para o público do setor. Para sugestões de pauta, divulgação de vagas ou propostas de publicidade, entre em contato pelo e-mail: santizatagpc@gmail.com. Não recebemos currículos

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