Elektro Redes SA. Stock Analysis EKTR3.SA

Elektro Redes SA is a BR-based company operating in Electric Utilities industry. The company is headquartered in Campinas, Sao Paulo. The company went IPO on 2008-05-05. Elektro Redes SA, formerly ELEKTRO Eletricidade e Servicos SA, is a Brazil-based company engaged in the utility sector. The firm is focused on distribution of electricity. The firm operates as a public service concessionary of electrical power, aimed to study, project, construct and explore the systems of distribution and commercialization of electrical power to end users. The company supplies electric energy to various sectors, including industrial, residential, rural and public sectors, among others. The firm distributes electrical energy to approximately 223 municipalities in the state of Sao Paulo and to around five municipalities in the state of Mato Grosso do Sul. The firm's major shareholder is Iberdrola Brasil SA.