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ENGIE Brasil

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ENGIE Brasil Energia S.A.
Company typeSociedade Anônima
B3EGIE3
IndustryElectricity
Founded1899
HeadquartersFlorianópolis, Brazil
Key people
Maurício Stolle Bähr, (Chairman)
Manoel Arlindo Zaroni Torres, (CEO)
ProductsElectric power
RevenueIncrease US$ 2.3 billion (2013)
Decrease US$ 608.1 million (2013)
Number of employees
1.100 (2016) [1]
ParentENGIE
Websitewww.tractebelenergia.com.br

ENGIE Brasil formely Tractebel Energia is a major Brazilian utility company, headquartered in Florianópolis, Santa Catarina. It is one of the largest private electricity producers in Brazil. Its 11 plants, six of them hydroelectric and the remainder thermal, have an installed capacity of 6,977 MW in operations ave an installed capacity of around 9,000 MW. ENGIE Brasil's major shareholder is ENGU S.A., the Paris-based utility company.

The company originated as Gerasul, short for Centrais Geradoras do Sul do Brasil SA ('Power plants of the South of Brazil' in English) which was sold to Tractebel by Brazil's Eletrosul in 1998. Gerasul held Eletrosul's power generation assets in the southern Brazilian states of Santa Catarina, Rio Grande do Sul, Paraná and Mato Grosso do Sul. Gerasul changed its name to Tractebel Energia in 2002.

ENGIE owns around 68% of ENGIE Brasil stocks, which is traded on BM&F Bovespa.

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