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February 08, 2016 12:28 PM ET

Electric Utilities

Company Overview of Energisa Mato Grosso - Distribuidora de Energia S/A

Company Overview

Energisa Mato Grosso - Distribuidora de Energia S/A distributes electricity to residential, commercial, rural, and industrial customers, as well the public sector clients in Mato Grosso. The company was formerly known as Centrais Elétricas Matogrossenses and changed its name to Energisa Mato Grosso - Distribuidora de Energia S/A in February 2015. The company was founded in 1958 and is headquartered in Cuiabá, Brazil. As of April 11, 2014 Energisa Mato Grosso - Distribuidora de Energia S/A operates as a subsidiary of Energisa S.A.

Rua Manoel dos Santos Coimbra

184 - 2 Andar

Cuiabá, MT 78010-900

Brazil

Founded in 1958

Phone:

55 65 3316 5225

Fax:

55 65 3624 7076

Key Executives for Energisa Mato Grosso - Distribuidora de Energia S/A

Energisa Mato Grosso - Distribuidora de Energia S/A does not have any Key Executives recorded.

Energisa Mato Grosso - Distribuidora de Energia S/A Key Developments

Centrais Elétricas Matogrossenses S.A. - CEMAT Announces Earnings Results for the Full Year of 2013

Centrais Elétricas Matogrossenses S.A. - CEMAT announced earnings results for the full year of 2013. The company reported a net loss of BRL 382.7 million ($159.4 million or EUR 116.9 million) in 2013, versus a net loss of BRL 52.9 million registered in 2012. The company attributed the result to the 6.3% annual drop in its gross operating revenue due to the 15.1% average electricity tariff reduction. Also, the company's electricity service costs grew by 5.2%, while operating and financial costs jumped by 20.2% and 34.1%, respectively, in 2013. Cemat's net debts rose 12.9% in annual terms to BRL 1.808 billion in 2013. The company distributed some 6,156 GWh of electricity in 2013, adding 9.5% year-on-year.

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