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October 05, 2015 6:12 PM ET

Independent Power and Renewable Electricity Producers

Company Overview of Eletrosul Centrais Elétricas S.A.

Company Overview

Eletrosul Centrais Elétricas S.A. is engaged in the generation and transmission of renewable energy by operating hydro and wind power plants in Brazil. The company also invests in the research and development of alternative sources of energy; provides telecommunication services; and performs other trade actions related to these activities. It serves the Southern states and the state of Mato Grosso do Sul. The company was formerly known as Empresa Transmissora de Energia Elétrica do Sul do Brasil S/A. and changed its name to Eletrosul Centrais Elétricas S.A. in March 2004. The company was founded in 1968 and is based in Florianópolis, Brazil. Eletrosul Centrais Elétricas S.A. operates as a su...

Rua Deputado Antônio Edu Vieira, 999

CP: 5091


Florianopolis, SC 88040-901


Founded in 1968


55 48 3231 7000


55 48 3234 4040

Key Executives for Eletrosul Centrais Elétricas S.A.

Age: 59
Director of Administrative and Financial Management
Age: 58
Director of Operations and Director of Engineering
Age: 49
Compensation as of Fiscal Year 2015.

Eletrosul Centrais Elétricas S.A. Key Developments

Eletrosul Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2015

Eletrosul reported earnings results for the second quarter and six months ended June 30, 2015. For the quarter, LBITDA was BRL 195 million against EBITDA of BRL 174 million for the first quarter of 2015. For the six months, LBITDA was BRL 21 million against EBITDA of BRL 418 million last year.

Eletrosul Announces Earnings Results for the First Quarter Ended March 31, 2015

Eletrosul announced earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported EBITDA of BRL 180 million against BRL 248 million a year ago. Operating revenue was BRL 383.0 million against BRL 254 million a year ago. Operating result before financial result was BRL 151.024 million against BRL 275.733 million a year ago. Result before income tax, social contribution, employee participation and management and the minority participation was BRL 101.667 million against BRL 217.364 million a year ago. Net profit was BRL 69.9 million against BRL 123.6 million a year ago. Cash flow from operating activities was BRL 350.694 million against BRL 130.100 million a year ago. Acquisition of property, unit and equipment was BRL 195.706 million against BRL 9.783 million a year ago.

Eletrosul Announces Executive Changes

Former Brazil energy minister Márcio Zimmermann has been named president of Eletrosul. Zimmermann replaces Eurides Mescolotto, who stood down after seven years in the role.

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