Equatorial S.A. is the quiet giant that keeps the lights on across a vast stretch of Brazil, from the Amazon’s edge to the southern pampas. It has grown by buying and fixing neglected electricity grids, and more recently has reached into sanitation and telecoms. Full nameEquatorial S.A. (formerly Equatorial Energia S.A.) Tickers / exchangeEQTL3 / B3 (São Paulo) HeadquartersSão Luís, Maranhão, Brazil SectorUtilities – Regulated Electric Employees11,571 Market valueR$ 49.57 bn (US$ 9.70 bn) Yearly salesR$ 53.44 bn (US$ 10.46 bn) Net profitR$ 1.50 bn (US$293 mn) (our calculation from latest-filed data; US$ 293 mn) Net margin2.89% (our calculation) Return on equity6.94% …
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