Company grows in all its business segments, focusing on contributing to the future of the electricity sector through clean energy and innovation
A pioneer in the national energy transition, Neoenergia celebrates 24 years of growth in all its businesses and maintaining a focus on providing clean energy and investing in innovation. The company seeks to foster sustainable development in all its areas of activity, with social responsibility and assisting in the construction of the future of the electricity sector, increasingly based on renewable sources and technology, aligned with the global need for the decarbonization of the economy and the fight against climate change.
Only in the first half of the year, the company invested R$ 3.5 billion, resources that are destined to projects whose advantages go far beyond the energy market, generating jobs and social and environmental benefits in all areas. "The year 2021 has to be execution, delivery, results. I think we're going to make it to the end of the year with Neoenergia even bigger. The first half of the year clearly already points in this direction",says Mario Ruiz-Tagle, CEO of Neoenergia.
The company is building in the Northeast its two largest wind farms in the country, Chafariz (PB) and Oitis (PI and BA),which will triple the installed capacity in this source, reaching 1.6 GW in 44 parks by 2022, enough energy to meet the consumption of 10 million people – or the population of a country like Portugal, for example.
Chafariz Wind Complex (PB) - Enterprise is part of the company's sustainable development strategy
Demonstrating its commitment to clean energy generation, the company anticipated the business plan and began testing the first 25 Fountain turbines in June. In May, also ahead of schedule, work began on the first large solar plants, Luzia, located in the same region, in the Sertão of Paraiba.
Another highlight is the implementation of transmission lines that reinforce the safety and reliability necessary for the strengthening of the electricity sector. Neoenergia has had a lot of relevance in auctions held since 2017 and currently has 5,400 kilometers of lines under construction in nine projects, in addition to more than 1,000 kilometers of extension in operation.
In distribution, the group began in March 2021 the management of its fifth concessionaire, Neoenergia Distribuição Brasília (DF), which adds coelba (BA), Celpe (PE), Cosern (RN), Elektro (SP and MS) with a model focused on efficiency and quality of services and service for more than 15.6 million consumers.
To this end, it invests in expanding and digitizing networks, with automated equipment such as self healing systems – of the more than 13,000 reclosers installed in 472 municipalities, 17% are equipped with technology. In addition, through The Digital Connection, the mostimportant Brazilian Research and Development (R&D) project with a customer focus, Neoenergia is launching 115 products that aim to personalize and improve service more and more and facilitate payment on online channels, such as WhatsApp.
Elektro Team (SP/MS) – The company's distributors serve 15.6 million customers in five Brazilian states and the Federal District
Knowing the importance of innovation and electrification of mobility for decarbonization, the company seeks to promote the use of electric vehicles and inaugurated the first electrovia in the Northeast, in a R&D project. The company also invests in electric vehicles for its fleet.
Sustainability and social responsibility
Neoenergia's 2018-2022 strategic plan integrates the company's commitment to sustainable development through its purpose, values and management policies. The company carries out several actions between the principles of ESG (environment, social and governance) and acts with clear goals, such as neutralizing carbon dioxide (CO2) emissions by 2050. "Environment, social responsibility and governance are a living part of our DNA,"emphasizes Mario Ruiz-Tagle.
The company's social action takes place on several fronts, with emphasis on the Diversity Program. In order to stimulate gender equality in the electricity sector, the company created exclusive classes of the School of Electricians for women, empowering professionals who can work in the company. Through the Junt+s Program, it seeks to promote a work environment of inclusion, respect for differences, empowerment and combating prejudice. In June, Neoenergia announced the first exclusive sponsorship for the women's soccer team,also supporting the national club competition.
To contribute to the preservation of The Brazilian historical heritage, the company participates, through the Neoenergia Institute, its social arm, of the Rescue History initiative. The project carried out together with the National Bank for Economic and Social Development (BNDES) and a group of four founding partners will make a public call for project selection totaling R$ 200 million. The Institute was created in 2015 and promotes social initiatives as opportunities to stimulate the transformation of people and the planet, through the support and development of projects in five pillars: training and research, biodiversity and climate change, art and culture, social action and institutional collaboration.
Company became the first exclusive sponsor of the Women's National Football Team and went on to name the national women's football championship, the Brasileirão Feminino Neoenergia
Since January 2021, Neoenergia has been part of the Portfolio of B3's Corporate Sustainability Index, which brings together companies with the best governance and corporate sustainability practices. In addition, it became part for the first time in the 11th portfolio of the Efficient Carbon Index (ICO2) of the Stock Exchange and is part of the qualified group of companies recognized with the Pro-Ethics label. The company renewed its commitment in 2007 to the ten principles of the Global Compact, an initiative that advocates action based on respect for human rights, labor rights, environmental preservation and the fight against corruption, and the 17 Sustainable Development Goals (SDGs), both of which are un.
Our history
Neoenergia in Rio de Janeiro (RJ)
Neoenergia's performance has always been guided by sustainable development. The company was established in 1997, the year Cosern and Coelba were acquired. In 1999, it received the concession of its first hydroelectric plant, Itapebi – today, it has a stake in seven projects, generating renewable energy in the five regions: Itapebi, Corumbá, Baguari, Dardanelles, Teles Pires, Baixo Iguaçu and Belo Monte. Celpe was auctioned the following year, when Neoenergia Comercialização was also created, responsible for the company's Liberalized Business segment. The company's first wind farm, Rio do Fogo, went into operation in 2006 and was one of the first in the country.