Neoenergia SA. Stock Analysis NEOE3.SA

Neoenergia SA engages in the generation and distribution of electricity. The company is headquartered in Rio De Janeiro, Rio De Janeiro. The company went IPO on 2010-01-27. The firm is involved in the distribution, transmission, generation and marketing of electrical energy. The Company’s subsidiaries include Companhia de Eletricidade do Estado da Bahia Coelba (COELBA), which is active in the distribution of electrical energy in the Brazilian State of Bahia; Companhia Energetica de Pernambuco CELPE, engaged in the distribution of electricity in the State of Pernambuco; Companhia Energetica do Rio Grande do Norte COSERN, which distributes electrical energy in the State of Rio Grande do Norte; Afluente Geracao de Energia Eletrica SA, active in the generation of energy through hydroelectric power plants, Termopernambuco SA, which is involved in the power generation through a thermoelectric power plant, and Elektro Holding SA, which focuses on the electric energy distribution in the States of Sao Paulo and Mato Grosso do Sul, among others.