Neoenergia delivers electricity to roughly 40 million Brazilians — about one in five people in the country — through wires that could circle the Earth eighteen times. Its parent, Spain's Iberdrola, has just spent the equivalent of US$1.1 billion to take that stake to 98% and is now pushing to take the company fully private. Full nameNeoenergia S.A. Ticker / exchangeNEOE3 — B3 (São Paulo); delisting in progress HeadquartersPraia do Flamengo 78, Rio de Janeiro, Brazil SectorRegulated Electric Utilities Employees15,525 Market value (market cap)R$41.0bn / US$7.97bn Yearly sales (revenue, TTM)R$52.6bn …
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