BUSINESSTHE RIO TIMES
Brazil’s Axia Energia (Ex-Eletrobras) Sells Power-Grid Stakes for $89 Million
Axia Energia sold its 49% minority stakes in four Brazilian transmission companies to Gebbras for R$451.4 million (about US$89 million), finalizing the deal on July 15, 2026. The four assets—Goiás Transmissão, MGE Transmissão, Transenergia Renovável, and Transenergia São Paulo—span approximately 1,000 to 1,086 km of transmission network.
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