Afluente Transmissão carries electricity across 489 kilometres of wire in the Brazilian state of Bahia — quietly, predictably, almost invisibly — and keeps more than half of every real it earns as profit. Its parent, Neoenergia, owns nearly all of it and shows no sign of letting go. Full nameAfluente Transmissão de Energia Elétrica S.A. Ticker / exchangeAFLT3 — B3 (São Paulo) HeadquartersPraia do Flamengo 78, Rio de Janeiro, RJ, Brazil SectorUtilities — Regulated Electric Transmission EmployeesNot disclosed (operations managed within Neoenergia group) Market value (market cap)R$442m (US$85 mn) (~$84.9m) …
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