Close

Add to pipeline

Save Close
You are viewing a limited version of this profile. To access i3's full capabilities.
Neoenergia
Save
Company logo (jpg or png)
Parent company
Edit alternate names

Short description

Large electricity utility in Brazil present at all levels of the value chain, from generation to commercialization

Founded in 1997
Founded in

Company type Private Public ()
Company type

Industry Group

Sector

TRL Range
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
TRL Range

Ticker

Headquarters Brazil Rio de Janeiro, Brazil
Address
City
State
Zip
Country

Parent Companies

Website

Updated by Cleantech Group on 06/07/2019

Traction
  • 0 M&A items
tags
Tags
Similar companies
Customers
Save
Add Customer
Date Company
Partnerships
Save
Add Partnership
Date Partner Type
06/15/2014
Iberdrola Iberdrola
Iberdrola and Brazil’s Neoenergia will partner to build three wind farms in Brazil with a total installed capacity of 84 MW. The companies’ joint venture, known as Força Eolica do Brasil, will build the three wind farms in the northeastern state of Rio Grande do Norte at a cost of $200 million.
View source    
Confirmed by Iberdrola
Joint Venture
Delete
Investment Rounds
Save

IPO INFORMATION

Date

06/07/2019

IPO status

Speculated

IPO Type

IPO

Amount

$850M

Initial shares

Ticker symbol

Exchange listed

Prospectus URL

Prospectus

Source URL

Source

Description

Neoenergia shares will be priced within a range of 14.42 reais to 16.89 reais. Shareholders Iberdrola SA, Banco do Brasil SA and Brazilian pension fund Previ will sell part of their stakes in the IPO. Pricing of the offering will happen on June 27, and shares will begin trading on July 1. Iberdrola aims to sell 29.7 million shares, Banco do Brasil, 113.4 million shares, and pension fund Previ, 64.9 million shares. The pricing range values the full company between 17.5 billion reais and 20.5 billion reais ($4.5 billion and $5.28 billion).

Cancel Save
Add Investment
Date Investors Type Amount
PREVI PREVI (1)
Post-money valuation of
(source)
Buyout / Late-Stage Private Equity
Delete
Click to add IPO information
Products
Save
Add Product
Product image Name Product status Revenue model Cost metrics
You are viewing a limited version of this profile. To access i3's full capabilities.
Back to top

Preload svg text font