Alupar Investimento (ALUP11) Corporate presentation summary
Event summary combining transcript, slides, and related documents.
Corporate presentation summary
18 Sep, 2026Company overview and business model
Operates in transmission and generation of electricity across South America, with 44 transmission assets and 10,095 km of lines, and 798.5 MW of generation capacity in operation.
Holds 58 long-term concessions, with maturities starting in 2030 for transmission and 2044 for generation.
Largest privately controlled power transmission company in Brazil by Annual Permitted Revenue.
Strong track record in greenfield project development, consistently winning transmission auctions and delivering projects below regulatory capex estimates.
Corporate structure includes significant stakes in multiple transmission and generation subsidiaries across Brazil and other South American countries.
Sustainability and ESG initiatives
Implements environmental programs such as forest replacement, wildlife monitoring, and carbon credit projects, with 4.7 million tons of CO₂ emission reductions estimated.
Engages over 80 municipalities and 65,000 people through social and environmental education programs.
Supports cultural, sports, and social projects through incentive laws and direct initiatives, including health and education.
Recognized as an Amazing Place to Work for six consecutive years, with 30% of leadership roles held by women and strong internal talent development.
Adheres to B3 Level II Corporate Governance, with a transparent structure, independent board members, and robust compliance and ethics committees.
Asset portfolio and growth
Transmission assets are diversified, inflation-protected, and provide stable, predictable cash flows, with 44 long-term concessions.
Generation assets operate under inflation-adjusted contracts, with mechanisms to mitigate hydrological risk and ensure revenue predictability.
New growth cycle underway, with R$4.7 billion and US$953 million in capex for assets under construction in Brazil and other South American countries.
Upcoming projects feature high RAP/capex ratios and expected significant savings versus regulatory capex estimates.
Latest events from Alupar Investimento
- Net revenue up 55.4% and net income up 187.6% in 2Q26, driven by transmission growth.ALUP11
Q2 2026 - Net revenue rose 2.6% YoY, regulatory EBITDA grew, and interim dividends were approved.ALUP11
Q1 2026 - Net revenue rose 9.9% to R$4.4B, EBITDA 7.5%, net income 11.9%, and dividends R$356M.ALUP11
Q4 2025 - 3Q25 net profit up 34.5% (IFRS), with strong EBITDA, asset expansion, and record dividends.ALUP11
Q3 2025 - Regulatory net income up 43.9% year-over-year, while IFRS net profit declined 38.9%.ALUP11
Q2 2025 - Net income soared 263.7% on strong transmission growth, inflation gains, and tax benefits.ALUP11
Q3 2024 - Net revenues up 22.2% and net income up 6.7% in 2Q24, led by strong transmission growth.ALUP11
Q2 2024 - Net income rose 56.5% to R$1,086.1 million in 2024, with robust transmission-driven growth.ALUP11
Q4 2024 - Net profit up 17.2% to R$298.8M, with strong transmission, dividends, and a 4% stock bonus.ALUP11
Q1 2025