Investment rose 36% compared to 2025; Ivan Monteiro’s succession process ends in 2027, at the end of his current term
The company invested R$1.4 billion in the 1st quarter of 2026. The amount represents an increase of 36% compared to the same period in 2025. The financial results were released by the company this Wednesday (May 6, 2026). Read the of the document [PDF – 50 MB].
According to the company, the focus of the contributions was the modernization of the transmission infrastructure and the management of the 100% renewable generation portfolio. Of the total investments, R$977 million were allocated to transmission, an increase of 49% compared to 2025.
The company recorded adjusted IFRS (International Financial Reporting Standards) net profit of R$3.7 billion in the period. In the same quarter of 2025, Axia had recorded a loss of R$80 million. Adjusted regulatory EBITDA (earnings before interest, taxes, depreciation and amortization) totaled R$8.6 billion, growth of 60% year-on-year.
The company also announced that it has started the succession process in its command, which will be completed at the end of the term of the current president, Ivan Monteiro, in April 2027. To this end, it approved provisional changes.
“We are on the operational efficiency agenda and reinforce discipline in executing our strategy”declared Monteiro. According to the president of Axia Energia, the indicators reflect the focus on expanding transmission and increasing the reliability of assets.
SHAREHOLDING STRUCTURE AND ASSETS
In April 2026, Axia approved the migration to B3’s Novo Mercado. The movement aims to simplify the corporate structure and increase the liquidity of shares on the market.
The company also reduced the stock of compulsory loans by R$2.2 billion in relation to the 1st quarter of 2025. Since the 3rd quarter of 2022, the accumulated reduction in provisions is R$14.8 billion.
In portfolio management, the company concluded the sale of its stake in Emae (Empresa Metropolitana de Águas e Energia) in January. In March, it acquired 100% of IE Garanhuns and sold its entire stake in IE Madeira.
Axia purchased 190 MW (megawatts) of power in the 2026 Capacity Reserve Auction. The estimated investment is R$1 billion in the construction of a new generating unit at the Luiz Gonzaga hydroelectric plant, with supply scheduled to begin in August 2031.
