AXIA Energia Acquisition of Três Irmãos HPP Control
AXIA Energia finalized an agreement via Form 6-K/A to acquire 100% ownership of Tijoá Energia, the concessionaire for the 808 MW Três Irmãos Hydroelectric Plant (UHE Três Irmãos), by purchasing the controlling stake (50.1%) in Juno Participações.
- Transaction Value: R$247 million, single installment.
- Financial Snapshot (2024): R\(320M Revenue; R\)136M EBITDA. The plant has no outstanding debt and a concession until 2044.
- Strategic Impact: Consolidates 100% control and resolves long-standing disputes dating