INSUBCONTINENT EXCLUSIVE:
reported a net profit of R$270.8 million ($48.4 million), marking a significant reversal from the R$838.1 million loss in the same period
last year.This impressive turnaround stems from several factors
R$484.3 million ($86.5 million)
This growth occurred despite challenges in the hydroelectric segment, where average prices declined due to the expiration of long-term
1.60 times from 0.62 times a year earlier
third-largest energy generating company, with 39 assets totaling 8.8 GW of installed capacity.However, this growth comes at a cost
to finance the acquisition, which will likely push leverage higher in the coming quarters
As of Q3 2024, Auren had R$5.2 billion ($928.6 million) in cash.Recent market fundraising has boosted this figure to approximately R$13
If AES Brasil shareholders opt for cash payments, Auren may need to disburse up to R$7 billion ($1.25 billion).Despite these challenges,
The company estimates corporate synergies of R$1.2 billion ($214.3 million) from the AES Brasil acquisition, with additional operational and
financial benefits expected in the future.As Auren navigates these changes, investors and industry observers will closely monitor its
