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Auren Energia (AURE3) investor relations material
Auren Energia Investor presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Market position and portfolio
3rd largest power generator in Brazil with 8.7 GW installed capacity, 100% renewable assets, and a leading energy trading platform.
Portfolio diversified across hydro, wind, and solar, with major clusters in São Paulo, Bahia, Piauí, and Rio Grande do Norte.
Highly contracted portfolio through 2028, with increasing exposure to market prices from 2029 onward.
Minimal exposure to submarket risk and a balanced renewable mix mitigate generation seasonality.
Financial performance and capital allocation
2025 net revenue projected at R$13.2 billion and adjusted EBITDA at R$4.0 billion.
Strong growth driven by disciplined capital allocation, M&A, and integration of AES Brasil and CESP.
Over R$5 billion in gains from being highly contracted versus spot exposure in recent years.
Dividend distributions and IRR of 32% since CESP acquisition, with payback in ~5 years.
Operational efficiency and integration
Integration of AES Brasil completed in 10 months, capturing BRL 279 million in synergies, exceeding targets.
Wind asset availability reached 95% ahead of schedule; liability management generated BRL 300 million in NPV.
Zero-based budgeting implemented to further optimize costs and capture new synergies.
- Adjusted EBITDA up 4.7% in 2Q24, with AES Brasil merger and solar expansion advancing.AURE3
Q2 202413 Jul 2026 - Net revenue rose 25.8% and net income turned positive after the AES Brasil merger and solar expansion.AURE3
Q3 20248 Jul 2026 - Adjusted EBITDA dropped 23% to R$ 925.9M, with net loss of R$ 601.6M and leverage at 5.2x.AURE3
Q1 20267 Jul 2026 - Adjusted EBITDA dropped 10.4% to R$772.7M in 3Q25, with a net loss of R$403.7M.AURE3
Q3 20257 Jul 2026 - Record EBITDA of R$4.0B in 2025, strong synergies, but net loss from higher costs.AURE3
Q4 20257 Jul 2026 - Record EBITDA and operational gains followed the AES Brasil merger, despite lower net income.AURE3
Q1 20257 Jul 2026 - Record EBITDA and reduced leverage, but higher costs led to a net loss in Q2 2025.AURE3
Q2 20257 Jul 2026 - Adjusted EBITDA hit BRL 3.3B in 2024, with strong trading and synergy gains post-acquisition.AURE3
Q4 20243 Jul 2026 - Strong hydro-wind portfolio, robust EBITDA modeling, and regulatory indemnities shape financial outlook.AURE3
Investor presentation13 May 2026
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