High Gross And EBIT MarginsExceptional structural margins provide durable earnings resilience versus volume or price swings common in utilities. High gross and EBIT margins support internal funding for capex and transition investments, bolster free cash flow generation, and cushion returns during pricing volatility.
Stable Balance Sheet, Moderate LeverageModerate leverage and a solid equity base give the company financial flexibility to pursue auctions, fund capital investments, and withstand rate or demand cycles. Lower relative debt reduces refinancing risk and supports sustained investment through the energy transition.
Strategic Repositioning Toward Clean EnergyActive portfolio reshaping, targeted acquisitions, a BRL10bn investment program, and an AI forecasting partnership represent a durable shift to cleaner generation and operational efficiency. This structural strategy should increase contracted revenues and long-term competitiveness in auctions.