IBOV 176,402.10 ▲ 1.77% IPSA 10,989.46 ▲ 0.32% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,343,345 ▲ 1.87% COLCAP 2,312.45 ▲ 0.48% BVL PERÚ 57,575.02 — — USD/BRL5.06▼ 0.27% USD/MXN17.40▼ 0.05% USD/CLP934.45▼ 0.13% USD/COP3,199▼ 1.75% USD/PEN3.40▲ 0.06% USD/ARS1,479▲ 0.05% USD/UYU40.14▲ 1.07% USD/PYG6,035▲ 1.50% USD/BOB10.95▲ 3.79% USD/DOP58.34▲ 0.24% USD/CRC447.42▲ 1.35% USD/GTQ7.62▲ 2.27% USD/HNL26.74▲ 1.52% USD/NIO36.62▲ 0.72% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.49▲ 0.36% USD/TTD6.71▲ 0.76% EUR/BRL5.78▼ 0.71% BRENT 93.90 ▲ 3.18% WTI 86.82 ▲ 2.25% IRON ORE 161.91 — — COPPER 6.51 — 0.00% GOLD 4,160 ▲ 2.18% SILVER 60.55 ▲ 2.91% SOY 1,237 ▲ 1.39% CORN 484.25 ▲ 6.96% WHEAT 703.00 ▲ 3.69% COFFEE 314.05 ▼ 5.39% SUGAR 14.69 ▼ 1.28% ORANGE JUICE 149.25 ▲ 3.79% COTTON 80.43 ▲ 1.86% COCOA 5,350 ▼ 4.58% BEEF 220.50 ▼ 2.72% CATTLE 338.90 ▼ 3.05% LITHIUM 69.41 ▲ 0.48% PETR4 42.43 ▲ 1.85% VALE3 74.57 ▲ 3.23% ITUB4 42.34 ▼ 0.45% BBDC4 18.58 ▲ 0.16% ABEV3 15.94 ▲ 0.89% BBAS3 20.87 ▼ 0.05% B3SA3 15.55 ▲ 2.50% WEGE3 46.94 ▲ 10.53% PRIO3 59.38 ▲ 2.06% SUZB3 41.90 ▲ 0.65% RENT3 36.94 ▲ 1.07% AZZA3 17.56 ▲ 0.46% CSAN3 3.90 ▲ 3.17% RAIZ4 0.27 — 0.00% PCAR3 2.72 ▼ 0.37% GMAT3 3.86 ▲ 0.78% PSSA3 54.68 ▲ 2.24% CVCB3 1.20 ▲ 7.14% POSI3 3.72 ▲ 1.09% SLCE3 13.74 ▼ 0.07% NATU3 8.78 ▲ 0.80% BRKM5 6.10 ▲ 6.83% RANI3 7.97 ▲ 1.01% CSNA3 5.29 ▲ 4.55% CMIN3 5.81 ▲ 4.12% USIM5 8.61 ▲ 1.77% GGBR4 23.74 ▲ 1.06% ENEV3 25.63 ▲ 0.83% CPFE3 46.52 ▲ 0.26% CMIG4 11.09 ▲ 0.64% EQTL3 38.79 ▼ 0.10% LREN3 13.40 ▲ 0.98% VIVT3 35.35 ▼ 1.26% RAIL3 13.57 ▲ 2.49% KLABIN 17.78 ▲ 1.08% RAIA DROGASIL 18.16 ▲ 0.17% RDOR3 33.94 ▲ 0.06% HAPV3 11.53 ▲ 2.58% FLRY3 16.66 ▲ 0.66% SMTO3 15.97 ▲ 2.50% UGPA3 32.33 ▲ 1.60% VBBR3 34.54 ▲ 1.74% BBSE3 41.91 ▲ 0.87% BPAC11 56.14 ▲ 1.39% CURY3 30.19 ▲ 0.80% AERI3 2.05 ▲ 0.49% VIVARA 21.33 ▼ 0.37% COMPASS 24.82 ▲ 1.55% VAMOS 3.15 ▲ 1.94% SANB11 26.55 ▼ 2.43% ASAI3 8.40 ▲ 1.82% SBSP3 28.93 ▲ 1.15% WALMEX 49.08 ▼ 0.14% GMEXICO 213.51 ▲ 2.17% FEMSA 228.05 ▲ 0.58% CEMEX 22.17 ▲ 0.45% GFNORTE 187.71 ▲ 1.03% BIMBO 60.17 ▲ 1.31% TELEVISA 9.87 ▲ 1.13% AMX 22.77 ▲ 0.04% GAP 377.37 ▼ 0.30% ASUR 271.00 ▼ 1.44% OMA 228.12 ▲ 0.82% KOF 182.59 ▲ 1.17% GRUMA 280.21 ▼ 0.85% KIMBER 39.32 ▲ 2.40% SQM-B 66,429 ▲ 2.93% COPEC 6,464 ▲ 0.22% BSANTANDER 79.27 ▲ 0.33% FALABELLA 5,950 ▲ 0.53% ENELAM 84.38 ▼ 0.18% CENCOSUD 2,015 ▼ 0.64% CMPC 1,071 ▼ 1.17% BANCO CHILE 190.47 ▲ 0.24% LATAM AIR 23.96 ▼ 0.99% YPF 81,775 ▲ 1.43% GGAL 8,175 ▲ 2.64% PAMPA 5,535 ▲ 1.10% TXAR 674.00 ▼ 0.74% ALUAR 975.00 ▲ 0.21% TGS 9,775 ▲ 0.67% CEPU 2,358 ▲ 0.77% MIRGOR 16,850 ▲ 0.45% COME 43.05 ▲ 0.42% LOMA NEGRA 3,620 ▲ 0.42% BYMA 295.75 ▲ 1.20% TELECOM ARG 4,278 ▲ 0.53% ECOPETROL 16.79 ▲ 1.57% BANCOLOMBIA 83.95 ▲ 0.37% GRUPO AVAL 5.04 ▼ 1.08% CREDICORP 389.72 ▼ 0.35% SOUTHERN COPPER 193.08 ▲ 2.70% BUENAVENTURA 32.61 ▲ 4.34% MERCADOLIBRE 1,801 ▼ 1.17% NUBANK 14.01 ▼ 2.68% XP 16.99 ▲ 0.83% PAGSEGURO 9.54 ▼ 0.42% STONE 11.16 ▼ 0.85% GLOBANT 31.80 ▼ 0.93% TECNOGLASS 44.91 ▼ 0.54% GAP AIRPORT 216.53 ▼ 0.53% ASUR 271.00 ▼ 1.44% OMA AIRPORT 104.83 ▲ 0.58% AMX ADR 26.06 ▼ 0.13% FEMSA ADR 130.75 ▲ 0.31% CEMEX ADR 12.70 ▼ 0.04% PETROBRAS ADR 18.88 ▲ 1.81% VALE ADR 14.71 ▲ 3.19% ITAU ADR 8.35 ▼ 0.65% SANTANDER BR 5.36 ▼ 1.02% AMBEV ADR 3.13 ▲ 0.48% CSN 1.06 ▲ 6.00% GERDAU 4.70 ▲ 1.29% LATAM ADR 51.18 ▼ 0.76% BTC 66,053 ▼ 0.68% ETH 1,948 ▲ 1.00% SOL 78.64 ▲ 0.68% XRP 1.15 ▲ 1.01% BNB 572.62 ▼ 0.17% ADA 0.18 ▲ 2.51% DOGE 0.07 ▼ 0.13% AVAX 6.64 ▲ 1.20% LINK 8.71 ▲ 0.75% DOT 0.85 ▼ 0.10% LTC 46.85 ▲ 0.07% BCH 220.94 ▼ 1.23% TRX 0.33 ▼ 0.33% XLM 0.19 ▼ 0.55% HBAR 0.07 ▲ 4.06% NEAR 1.90 ▼ 1.92% ATOM 1.47 ▼ 1.28% AAVE 97.80 ▲ 2.33% SELIC 14.25% EMBRAER 83.00 ▲ 0.42% EMBRAER ADR 65.50 ▲ 0.05% JBS 12.05 ▲ 0.80% JBS BDR 60.89 ▲ 1.11% MBRF3 15.47 ▲ 2.38% MBRFY 3.00 ▲ 1.69% INTER 5.52 ▼ 1.16% EGX 53,932 ▼ 0.11% USD/ZAR16.40▼ 0.43% USD/NGN1,370▼ 0.55% NIKKEI 66,116 ▼ 0.18% CSI300 4,717 ▼ 0.46% HSI 24,893 ▼ 0.95% NIFTY 23,996 ▼ 0.79% KOSPI 6,798 ▲ 0.74% JCI 6,334 ▼ 0.09% USD/JPY163.10▼ 0.04% USD/CNY6.76▼ 0.08% DAX 25,166 ▲ 0.62% CAC 8,446 ▲ 1.00% FTSE 10,730 ▲ 1.36% MIB 52,749 ▲ 0.89% IBEX 19,579 ▲ 1.03% STOXX 647.23 ▲ 0.63% EUR/USD1.14▲ 0.16% GBP/USD 1.3379 — 0.00% SPX 7,520 ▲ 0.15% DJI 52,367 ▲ 0.27% NDX 29,159 ▲ 0.01% RUT 2,967 ▼ 0.69% TSX 35,581 ▲ 0.60% VIX 16.91 ▼ 0.82% USD/CAD1.41▼ 0.17% US10Y 4.6530 ▲ 0.54% IBOV 176,402.10 ▲ 1.77% IPSA 10,989.46 ▲ 0.32% IPC MEX 66,709.60 ▲ 0.88% MERVAL 3,343,345 ▲ 1.87% COLCAP 2,312.45 ▲ 0.48% BVL PERÚ 57,575.02 — — USD/BRL 5.06 ▼ 0.27% USD/MXN 17.40 ▼ 0.06% USD/CLP 934.45 ▼ 0.13% USD/COP 3,203 ▼ 1.64% USD/PEN 3.40 ▲ 0.06% USD/ARS 1,479 ▲ 0.05% USD/UYU 40.14 ▲ 1.07% USD/PYG 6,035 ▲ 1.50% USD/BOB 10.95 ▲ 3.79% USD/DOP 58.34 ▲ 0.24% USD/CRC 447.42 ▲ 1.35% USD/GTQ 7.62 ▲ 2.27% USD/HNL 26.74 ▲ 1.52% USD/NIO 36.62 ▲ 0.72% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.49 ▲ 0.35% USD/TTD 6.71 ▲ 0.76% EUR/BRL 5.78 ▼ 0.71% BRENT 93.90 ▲ 3.18% WTI 86.82 ▲ 2.25% IRON ORE 161.91 — — COPPER 6.51 — 0.00% GOLD 4,160 ▲ 2.18% SILVER 60.55 ▲ 2.91% SOY 1,237 ▲ 1.39% CORN 484.25 ▲ 6.96% WHEAT 703.00 ▲ 3.69% COFFEE 314.05 ▼ 5.39% SUGAR 14.69 ▼ 1.28% ORANGE JUICE 149.25 ▲ 3.79% COTTON 80.43 ▲ 1.86% COCOA 5,350 ▼ 4.58% BEEF 220.50 ▼ 2.72% CATTLE 338.90 ▼ 3.05% LITHIUM 69.41 ▲ 0.48% PETR4 42.43 ▲ 1.85% VALE3 74.57 ▲ 3.23% ITUB4 42.34 ▼ 0.45% BBDC4 18.58 ▲ 0.16% ABEV3 15.94 ▲ 0.89% BBAS3 20.87 ▼ 0.05% B3SA3 15.55 ▲ 2.50% WEGE3 46.94 ▲ 10.53% PRIO3 59.38 ▲ 2.06% SUZB3 41.90 ▲ 0.65% RENT3 36.94 ▲ 1.07% AZZA3 17.56 ▲ 0.46% CSAN3 3.90 ▲ 3.17% RAIZ4 0.27 — 0.00% PCAR3 2.72 ▼ 0.37% GMAT3 3.86 ▲ 0.78% PSSA3 54.68 ▲ 2.24% CVCB3 1.20 ▲ 7.14% POSI3 3.72 ▲ 1.09% SLCE3 13.74 ▼ 0.07% NATU3 8.78 ▲ 0.80% BRKM5 6.10 ▲ 6.83% RANI3 7.97 ▲ 1.01% CSNA3 5.29 ▲ 4.55% CMIN3 5.81 ▲ 4.12% USIM5 8.61 ▲ 1.77% GGBR4 23.74 ▲ 1.06% ENEV3 25.63 ▲ 0.83% CPFE3 46.52 ▲ 0.26% CMIG4 11.09 ▲ 0.64% EQTL3 38.79 ▼ 0.10% LREN3 13.40 ▲ 0.98% VIVT3 35.35 ▼ 1.26% RAIL3 13.57 ▲ 2.49% KLABIN 17.78 ▲ 1.08% RAIA DROGASIL 18.16 ▲ 0.17% RDOR3 33.94 ▲ 0.06% HAPV3 11.53 ▲ 2.58% FLRY3 16.66 ▲ 0.66% SMTO3 15.97 ▲ 2.50% UGPA3 32.33 ▲ 1.60% VBBR3 34.54 ▲ 1.74% BBSE3 41.91 ▲ 0.87% BPAC11 56.14 ▲ 1.39% CURY3 30.19 ▲ 0.80% AERI3 2.05 ▲ 0.49% VIVARA 21.33 ▼ 0.37% COMPASS 24.82 ▲ 1.55% VAMOS 3.15 ▲ 1.94% SANB11 26.55 ▼ 2.43% ASAI3 8.40 ▲ 1.82% SBSP3 28.93 ▲ 1.15% WALMEX 49.08 ▼ 0.14% GMEXICO 213.51 ▲ 2.17% FEMSA 228.05 ▲ 0.58% CEMEX 22.17 ▲ 0.45% GFNORTE 187.71 ▲ 1.03% BIMBO 60.17 ▲ 1.31% TELEVISA 9.87 ▲ 1.13% AMX 22.77 ▲ 0.04% GAP 377.37 ▼ 0.30% ASUR 271.00 ▼ 1.44% OMA 228.12 ▲ 0.82% KOF 182.59 ▲ 1.17% GRUMA 280.21 ▼ 0.85% KIMBER 39.32 ▲ 2.40% SQM-B 66,429 ▲ 2.93% COPEC 6,464 ▲ 0.22% BSANTANDER 79.27 ▲ 0.33% FALABELLA 5,950 ▲ 0.53% ENELAM 84.38 ▼ 0.18% CENCOSUD 2,015 ▼ 0.64% CMPC 1,071 ▼ 1.17% BANCO CHILE 190.47 ▲ 0.24% LATAM AIR 23.96 ▼ 0.99% YPF 81,775 ▲ 1.43% GGAL 8,175 ▲ 2.64% PAMPA 5,535 ▲ 1.10% TXAR 674.00 ▼ 0.74% ALUAR 975.00 ▲ 0.21% TGS 9,775 ▲ 0.67% CEPU 2,358 ▲ 0.77% MIRGOR 16,850 ▲ 0.45% COME 43.05 ▲ 0.42% LOMA NEGRA 3,620 ▲ 0.42% BYMA 295.75 ▲ 1.20% TELECOM ARG 4,278 ▲ 0.53% ECOPETROL 16.79 ▲ 1.57% BANCOLOMBIA 83.95 ▲ 0.37% GRUPO AVAL 5.04 ▼ 1.08% CREDICORP 389.72 ▼ 0.35% SOUTHERN COPPER 193.08 ▲ 2.70% BUENAVENTURA 32.61 ▲ 4.34% MERCADOLIBRE 1,801 ▼ 1.17% NUBANK 14.01 ▼ 2.68% XP 16.99 ▲ 0.83% PAGSEGURO 9.54 ▼ 0.42% STONE 11.16 ▼ 0.85% GLOBANT 31.80 ▼ 0.93% TECNOGLASS 44.91 ▼ 0.54% GAP AIRPORT 216.53 ▼ 0.53% ASUR 271.00 ▼ 1.44% OMA AIRPORT 104.83 ▲ 0.58% AMX ADR 26.06 ▼ 0.13% FEMSA ADR 130.75 ▲ 0.31% CEMEX ADR 12.70 ▼ 0.04% PETROBRAS ADR 18.88 ▲ 1.81% VALE ADR 14.71 ▲ 3.19% ITAU ADR 8.35 ▼ 0.65% SANTANDER BR 5.36 ▼ 1.02% AMBEV ADR 3.13 ▲ 0.48% CSN 1.06 ▲ 6.00% GERDAU 4.70 ▲ 1.29% LATAM ADR 51.18 ▼ 0.76% BTC 66,053 ▼ 0.68% ETH 1,948 ▲ 1.00% SOL 78.64 ▲ 0.68% XRP 1.15 ▲ 1.01% BNB 572.62 ▼ 0.17% ADA 0.18 ▲ 2.51% DOGE 0.07 ▼ 0.13% AVAX 6.64 ▲ 1.20% LINK 8.71 ▲ 0.75% DOT 0.85 ▼ 0.10% LTC 46.85 ▲ 0.07% BCH 220.94 ▼ 1.23% TRX 0.33 ▼ 0.33% XLM 0.19 ▼ 0.55% HBAR 0.07 ▲ 4.06% NEAR 1.90 ▼ 1.92% ATOM 1.47 ▼ 1.28% AAVE 97.80 ▲ 2.33% SELIC 14.25% EMBRAER 83.00 ▲ 0.42% EMBRAER ADR 65.50 ▲ 0.05% JBS 12.05 ▲ 0.80% JBS BDR 60.89 ▲ 1.11% MBRF3 15.47 ▲ 2.38% MBRFY 3.00 ▲ 1.69% INTER 5.52 ▼ 1.16% EGX 53,932 ▼ 0.11% USD/ZAR 16.41 ▼ 0.31% USD/NGN 1,370 ▼ 0.45% NIKKEI 66,116 ▼ 0.18% CSI300 4,717 ▼ 0.46% HSI 24,893 ▼ 0.95% NIFTY 23,996 ▼ 0.79% KOSPI 6,798 ▲ 0.74% JCI 6,334 ▼ 0.09% USD/JPY 163.11 ▼ 0.02% USD/CNY 6.7608 ▲ 0.06% DAX 25,166 ▲ 0.62% CAC 8,446 ▲ 1.00% FTSE 10,730 ▲ 1.36% MIB 52,749 ▲ 0.89% IBEX 19,579 ▲ 1.03% STOXX 647.23 ▲ 0.63% EUR/USD 1.1417 ▲ 0.11% GBP/USD 1.3379 — 0.00% SPX 7,520 ▲ 0.15% DJI 52,367 ▲ 0.27% NDX 29,159 ▲ 0.01% RUT 2,967 ▼ 0.69% TSX 35,581 ▲ 0.60% VIX 16.91 ▼ 0.82% USD/CAD 1.4085 ▼ 0.15% US10Y 4.6530 ▲ 0.54%
since 2009
Wednesday, July 22, 2026

Brazil Politics - Brazil

São Paulo Blackout: 1.4 Million Homes Dark as Enel Scrambles

By · October 14, 2024 · 2 min read

Daily Brief

The morning intel from across Latin America. Free.

By subscribing you agree to our privacy policy. We never share your email.

São Paulo, Brazil’s economic powerhouse, is grappling with a severe power outage entering its third day. The blackout, triggered by a fierce storm on October 11, 2024, has left over 1.4 million households without electricity.

Enel, the Italian energy company responsible for power distribution, faces mounting criticism for its slow response. The storm, with winds reaching 108 km/h, caused widespread damage to the power grid.

It toppled trees and transmission lines across the city and surrounding areas. Enel has mobilized 1,600 technicians and plans to increase this number to 2,500, but many view these efforts as inadequate.

The economic impact is substantial and growing. The Federation of Hotels, Restaurants, and Bars of São Paulo State (Fhoresp) estimates damages in the hundreds of millions of reais.

Fhoresp announced plans to sue Enel for damages, representing over 250,000 affected establishments. This crisis has sparked a political blame game.

São Paulo Blackout: 1.4 Million Homes Dark as Enel Scrambles
São Paulo Blackout: 1.4 Million Homes Dark as Enel Scrambles. (Photo Internet reproduction)
One-stop reference
Company Intelligence
Every listed company in Latin America — financials, ownership and structure for 1,450+ companies across 26 exchanges, in one place.
Browse the directory →
RT
Ask Rio Times
This story and the bigger picture.
Open the full Ask Rio Times →

São Paulo’s governor, Tarcísio de Freitas, called for the termination of Enel‘s contract, citing repeated failures. The federal government has demanded action from ANEEL, the national energy regulator, criticizing its apparent lack of oversight.

São Paulo’s Blackouts

The recurring blackouts damage São Paulo‘s reputation as a reliable business hub. They raise questions about the city’s infrastructure resilience and disaster preparedness.

The crisis also highlights urban vulnerability to extreme weather events, which are increasingly common due to climate change.

Residents face numerous challenges, struggling to preserve perishable goods and navigate through non-functioning traffic lights. Cultural events and business operations have been disrupted or canceled.

This situation underscores the need for significant infrastructure upgrades in São Paulo. It also raises questions about the privatization of essential services in Brazil and the ability of foreign companies to manage critical infrastructure effectively.

As the crisis unfolds, its political and economic fallout will likely influence upcoming elections and shape future energy policies in Brazil’s most populous state. Residents and businesses await swift action to restore power and prevent future occurrences.

Read More from The Rio Times

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.