Brazil runs on grids it cannot see, and Alupar Investimento quietly owns nearly 10,000 kilometres of them — a quiet infrastructure toll-booth that converts long-term government concessions into reliable cash, year after year. Full nameAlupar Investimento S.A. Tickers / exchangeALUP11 (units), ALUP3 (ON), ALUP4 (PN) — B3, São Paulo HeadquartersRua Gomes de Carvalho 1.996, Vila Olímpia, São Paulo, SP, Brazil SectorUtilities — Power Transmission & Renewable Generation Employees933 Market value (market cap)R$15.3 bn (US$2.94 bn) Yearly sales (revenue, FY2025)R$4.40 bn (US$845 m) Net profit (FY2025)R$1.22 bn (US$234 m) Net margin25.2% …
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