ISA Energy Brasil takes full control of IE Madeira in asset swap with Axia, pays BRL 1.17 billion
Reuters2026/08/02 18:22Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- ISA Energía Brasil took full ownership of transmission concessionaire IE Madeira by acquiring the remaining 49% stake.
- Deal with Axia Energia swapped assets: ISA sold its 51% stake in IE Garanhuns to Axia.
- ISA paid BRL 1.17 billion to Axia as part of the transaction.
- IE Madeira is a 2,385-km HVDC transmission line; ISA expects consolidated annual EBITDA above BRL 660 million.
- Concession runs through 2039, strengthening ISA’s exposure to Brazil’s power market and long-distance renewables integration.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ISA - Interconnection Electric SA ESP published the original content used to generate this news brief on July 31, 2026, and is solely responsible for the information contained therein.
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