Rio de Janeiro's power distributor completed a R$1.5 billion (US$296 million) capital raise and now wants out of bankruptcy protection, forcing investors to weigh dilution against a cleaner balance sheet.
Brazil · Companies
Key Facts
—Capital increase completed R$1.5 billion (US$296 million) on July 8, 2026.
—New share price R$6.29 (US$1.24) per ordinary share.
—Debt reduction target Net debt to fall from R$9 billion (US$1.77 billion) to under R$6 billion (US$1.77 billion to US$1.18 billion).
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