Neoenergia is a publicly-held company with
shares (NEOE3) traded at the São Paulo Stock Exchange. Part of the Spanish
group Iberdrola, the company have been operating in
Brazil since 1997 and it is currently one of the leaders in Brazilian
electrical sector. Present in 18 States and in Distrito Federal, its business is divided into the generation, transmission, distribution and commercialization areas. Its distribution companies, Neoenergia Coelba (BA), Neoenergia Celpe (PE), Neoenergia Cosern (RN), Neoenergia Elektro (SP/MS) and Neoenergia Brasília (DF) serve more than 15.9 million
customers, totaling more than 37 million people.
Neoenergia has 4.8 GW of installed capacity in generation, of which 89% is renewable energy, and is implementing an additional 0.4 GW with the construction of new wind and solar farms. In transmission, there are 2,300 km of lines in operation and 6,300 km under construction. Through the Neoenergia Institute, it promotes sustainable development through social and environmental actions and so contributes to improving quality of life for the communities where the company operates, especially, the most vulnerable people, always aiming for sustainable development. As part of its commitment to expanding women's participation in society, the company supports the Brazilian women's soccer teams and the Neoenergia Brazilian Women's Soccer championship. Since January 2021, it has been part of B3's Corporate Sustainability Index portfolio – Brazil, Bolsa, Balcão – for companies that have the best corporate governance and sustainability practices.