AXIA Energia S.A.: management transactions · United States · SEC (Form 4)

About AXIA Energia S.A.

AXIA Energia S.A. is a large integrated power utility listed on the NYSE in the United States (United States) through American Depositary Shares and multiple share classes. The company was formerly known as Centrais Elétricas Brasileiras S.A. – Eletrobras, and shareholders approved the change of corporate name to AXIA Energia S.A. on April 15, 2026. Its principal executive offices are located in Rio de Janeiro, at 26 Avenida Graça Aranha, Brazil. ([investidor10.com.br](https://investidor10.com.br/acoes/link_comunicado/axia3/38906/)) From an operating standpoint, AXIA Energia is primarily focused on electricity generation and transmission, with a business model centered on Brazil’s power infrastructure. The company states that it conducts its business mainly through its generation and transmission operating subsidiaries, while some projects are executed via special purpose entities. Hydroelectric generation remains the core of the portfolio and the company’s most cost-efficient energy source, although it is exposed to rainfall and reservoir-level variability. As of December 31, 2025, installed hydroelectric capacity stood at 43,072.7 MW, including equity interests in SPEs. ([investidor10.com.br](https://investidor10.com.br/acoes/link_comunicado/axia3/38906/)) AXIA Energia also has a major transmission footprint, which is a key competitive advantage in a regulated utility landscape. At year-end 2025, its transmission system comprised approximately 70,238 km of lines operating at 230 kV or higher, representing about 37% of the Brazilian Main Grid. Transmission revenue is based on ANEEL’s regulated Annual Allowable Revenue (RAP), which provides visibility relative to merchant power exposure. This scale positions AXIA as one of the most important infrastructure owners in Brazil’s electricity system. ([investidor10.com.br](https://investidor10.com.br/acoes/link_comunicado/axia3/38906/)) Strategically, the group is trying to broaden its platform beyond traditional hydro and grid assets. Management has said it aims to become the most comprehensive infrastructure and renewable energy solutions platform in Brazil by 2028. That vision is supported by investments in hybrid generation, storage, digitalization, floating photovoltaic concepts, wind-solar combinations, and concentrated solar power with thermal storage. In 2025, AXIA Energia deployed an integrated hybrid energy system in Casa Nova, Bahia, combining solar and wind generation with utility-scale battery storage and flexible data center loads, and it also initiated a CSP pilot project. These initiatives suggest a push toward more dispatchable and technologically diversified renewable solutions. ([investidor10.com.br](https://investidor10.com.br/acoes/link_comunicado/axia3/38906/)) A notable recent development was the completion on May 30, 2025 of the acquisition of the Colíder Hydroelectric Plant, a 300 MW facility on the Teles Pires River in Mato Grosso. The transaction was part of a broader portfolio reshaping and capital-allocation effort. More recently, the company filed its 2025 Form 20-F with the SEC on April 24, 2026, underscoring ongoing compliance as a foreign private issuer with U.S. market access via the NYSE. ([investidor10.com.br](https://investidor10.com.br/acoes/link_comunicado/axia3/38906/))