Engie Brasil Energia raises up to R$ 10.5 billion in primary share offering to acquire Jirau Energia

Type: Financing · Technology: Hydro · Country: Brazil · Announced: 2026-07-06

Engie Brasil Energia launched a primary public share offering on July 6, 2026, raising up to R$ 10.5 billion (approximately USD 1.9 billion) to fund the acquisition of Jirau Energia. The transaction, valued at R$ 5.744 billion without additional shares, will integrate the 3,750 MW Jirau hydroelectric plant into Engie's portfolio, one of Brazil's largest renewable energy assets. The offering was priced at R$ 35.00 per share, with B3 serving as the listing exchange for the transaction. This strategic move expands Engie's renewable energy footprint in Brazil, strengthening its position in the country's hydroelectric sector amid growing demand for clean energy. The proceeds will primarily finance the acquisition, with Engie aiming to consolidate its leadership in Brazil's energy transition.

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