Gerdau proposes acquisition of Dona Francisca Energética hydroelectric plant from Celesc
Type: Acquisition · Technology: Hydro · Country: Brazil · Announced: 2026-04-16
Gerdau proposed acquiring 100% of the equity stake in Dona Francisca Energética (DFESA), representing 23.03% of the company's capital held by Celesc. The transaction values the hydroelectric plant at an enterprise value of R$ 150 million (approximately $30 million), which Celesc has already accepted. DFESA operates a hydroelectric facility in southern Brazil, contributing to Gerdau's strategy of increasing self-production of renewable energy. The deal aligns with Gerdau's sustainability goals to reduce carbon emissions through greater energy self-sufficiency. Celesc confirmed acceptance of the proposal in a statement released on April 16, 2026.