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February 08, 2016 8:22 AM ET

Electric Utilities

Company Overview of Amazonas Energia S.A.

Company Overview

Amazonas Energia S.A. generates, transmits, and distributes electric energy to residential, industrial, and commercial customers. Amazonas Energia S.A. was fomerly known as Manaus Energia S/A and changed its name in 2008. The company was founded in 1997 and is based in Brasilia, Brazil. Amazonas Energia S.A. operates as a subsidiary of Centrais Eletricas Do Norte Do Brasil S/a.

Av. Sete de Setembro

Suite 2414

Manaus, AM 69065-170

Brazil

Founded in 1997

Phone:

55 92 3621 1201

Fax:

55 92 3633 2406

Key Executives for Amazonas Energia S.A.

Managing President and Chairman
Financial Director
Distribution Director
Technical Director
Administrative Director
Compensation as of Fiscal Year 2015.

Amazonas Energia S.A. Key Developments

Eletrobras To Sell 9 Subsidiaries

Centrais Elétricas Brasileiras S.A. - Eletrobras (BOVESPA:ELET6) intends to sell 9 subsidiaries. The company reportedly plans to privatize the subsidiaries by the end of 2016. The companies need a capital injection of BRL 3.3 billion to meet minimum requirements of Aneel, Reuters reported, citing official documents. Eletrobras is selling majority stake in Celg-D and will raise BRL 1.4 billion. other entities to be sold are Boa Vista Energia SA, Companhia Energética De Roraima, Amazonas Energia S.A., Companhia de Eletricidade do Amapá, Companhia Energética do Piauí, Companhia Energética de Alagoas, Centrais Elétricas de Rondônia SA and Eletroacre.

Amazonas Energia Announces Earnings and Operating Results for the First Half of 2014

Amazonas Energia announced earnings and operating results for the first half of 2014. For the first half, the company reported total generated energy of 3,026 GWh against 2,932 GWh a year ago. For the first half, the company reported net operating revenue was BRL 1,643 million against BRL 1,271 million a year ago. Loss was BRL 648 million against BRL 336 million a year ago. LBITDA was BRL 37 million against BRL 57 million a year ago.

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