Neoenergia is one of Brazil's largest private electricity groups, but it is not a household name. It is the quiet machine behind the lights in Bahia, Pernambuco, São Paulo and other states — and it is controlled from Madrid. Full nameNeoenergia S.A. Tickers / exchangeNEOE3 — B3 (São Paulo) HeadquartersPraia do Flamengo 78, Rio de Janeiro, Brazil SectorUtilities — Regulated Electric Employees15,525 Market valueR$41.03bn (US$8.01bn) Yearly salesR$52.63bn (US$10.27bn) Net profitR$5.03bn (US$981m) Net margin9.6% Return on equity14.6% Price-to-earnings7.7 Dividend yieldNot disclosed in available sources Websiteneoenergia.com What it is Neoenergia generates, transmits, …
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