Axia Energia acquires full ownership of UHE Três Irmãos hydroelectric plant from Triunfo Participações e Investimentos and Mercúrio Participações e Investimentos

Type: Acquisition · Technology: Hydro · Country: Brazil · Capacity: 808 MW · Announced: 2026-06-03

Axia Energia finalized the acquisition of 100% ownership of the UHE Três Irmãos hydroelectric plant, a 808 MW facility located in Andradina, São Paulo, Brazil. The transaction involved the purchase of shares held by Triunfo Participações e Investimentos and Mercúrio Participações e Investimentos in Juno Participações e Investimentos, which directly controls Tijoá Energia, the operator of the plant. This acquisition consolidates Axia Energia's control over the asset, previously held through a minority stake. The deal follows Axia Energia's rebranding from Eletrobras, marking a strategic shift in its portfolio management. The hydroelectric plant is a key asset in Brazil's renewable energy sector, contributing to the country's installed capacity of over 100 GW from hydro sources.

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