Iberdrola to Raise Ownership in Brazilian Utility Neoenergia to 84%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 11 2025
0mins
Should l Buy ?
Source: Yahoo Finance
Iberdrola's Acquisition of Neoenergia: Iberdrola has agreed to acquire an additional 30.29% stake in Brazilian energy distributor Neoenergia from Caixa de Previdência dos Funcionários do Banco do Brasil for 11.95 billion reais ($2.2 billion), increasing its total stake to 84%.
Neoenergia's Operations and Investment: Neoenergia serves nearly 40 million customers in Brazil and operates extensive distribution and transmission networks, with significant investments planned for infrastructure expansion and modernization in 2024.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy ?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
