Welcome to our dedicated page for Centrais Eletricas SEC filings (Ticker: EBR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The EBR SEC filings page aggregates regulatory documents for Brazilian Electric Power Company (EBR), identified in filings as Centrais Elétricas Brasileiras S.A. – Eletrobras and AXIA Energia. These filings, primarily on Form 6-K and Form 25, provide detailed insight into the company’s corporate purpose, capital structure, share classes, shareholder decisions and listing status of its American Depositary Shares.
Through its Form 6-K reports, the company furnishes minutes of Extraordinary General Meetings, consolidated voting maps and notices to shareholders. These documents explain how shareholders approved the creation of new preferred share classes (PNA1, PNB1, PNR and PNC), mandatory conversions of existing preferred shares, compulsory redemption of class R preferred shares, and amendments to the bylaws. They also set out the mechanics of tag-along rights, voting limits, poison pill thresholds and public tender offer obligations when certain ownership levels are reached.
Other 6-K filings focus on ADS programs and distributions, including the creation of Preferred Class B1 ADSs, the distribution of preferred class C ADSs, record dates for holders of common and preferred ADSs, and tax considerations for Brazilian resident and non-resident investors in connection with redemptions and capital gains. These filings are particularly relevant for investors holding EBR-related securities through depositary receipts.
A Form 25 (25-NSE) filing by the New York Stock Exchange LLC documents the removal from listing and/or registration of the American Depositary Shares of Brazilian Electric Power Co (each representing one preferred share) from the NYSE under Section 12(b) of the Securities Exchange Act of 1934. This filing is the key reference for understanding the delisting of that ADS class from the exchange.
On Stock Titan, these filings are updated as they are made available through EDGAR and can be paired with AI-powered summaries that highlight the main points of lengthy documents. Users can quickly see which filings address bylaw changes, share class restructurings, ADS distributions, tender offer rules or listing status, and then drill into the full text when more detail is needed.
Centrais Elétricas Brasileiras S.A. (Eletrobras) provides an extensive operational snapshot of its AXIA Energia platform, covering generation, transmission, contracts and investments for 2025. The portfolio combines large hydro, wind, thermal and solar assets across AXIA Energia Norte, Nordeste, Sul and Holding, with detailed installed capacity and physical guarantee by plant.
The tables show quarterly generated energy by project, losses, ACR and ACL contracts, reserve and availability contracts, and pass-through structures for Amazonas thermals. An energy balance for 2025–2027 compares own resources and purchases against contracted sales and indicates estimated hedge levels based on historical hydrology. Eletrobras also discloses BRL 8.58 billion in total 2025 investments across generation, transmission, environmental and infrastructure projects, plus approved annual transmission revenues (RAP) under renewed and auctioned concession contracts.
Centrais Elétricas Brasileiras S.A. – Eletrobras outlines its proposal to migrate to B3’s Novo Mercado, simplifying its capital structure and strengthening corporate governance. The plan converts Class A1 and B1 preferred shares into common shares at an exchange ratio of 1 PNA1 or PNB1 to 1.1 common shares, recognizing the current dividend premium enjoyed by preferred shareholders.
The company presents scenarios for the post-migration shareholding structure and notes favorable sell-side opinions, with several buy and outperform recommendations. After the migration announcement on February 19, 2026, Eletrobras’ market capitalization reached R$ 181.3 billion, an increase of R$ 10.9 billion, and its main share classes recorded single-digit percentage price gains.
The migration depends on shareholder approvals at three meetings scheduled on April 1, 2026: a special meeting of Class A1 preferred shareholders at 2:00 p.m. BRT, a special meeting of Class B1 preferred shareholders at 3:00 p.m. BRT, and an extraordinary general meeting of common and Class C preferred shareholders at 4:00 p.m. BRT.
Centrais Elétricas Brasileiras S.A. – Eletrobras is launching a Brazilian public offering of 2,000,000 unsecured, non-convertible debentures in three series, each with a unit value of R$1,000.00, totaling R$2,000,000,000.00.
The issuance, rated “brAAA” by Standard & Poor’s Ratings do Brasil, is aimed exclusively at professional investors under Brazil’s automatic registration procedure. Eletrobras plans to use all proceeds for the Santo Antônio hydroelectric project, focused on renewable power generation, modernization, and related CAPEX through 2047.
Centrais Elétricas Brasileiras S.A. – Eletrobras approved a first amendment to the deed for its 8th issuance of simple, unsecured debentures, aligning terms with the completed bookbuilding process. The issuance totals R$ 2,000,000,000.00, split into three series.
The First Series corresponds to R$ 1,267,100,000.00, the Second Series to R$ 368,900,000.00, and the Third Series to R$ 364,000,000.00, with 2,000,000 debentures issued in total. Annual interest rates are 6.8000% for the First Series, 6.7116% for the Second, and 6.6752% for the Third, calculated on a 252‑business‑day basis.
The amendment updates definitions, confirms the issuance in three series, removes now‑redundant clauses related to the bookbuilding phase, and ratifies all other provisions of the original deed. It is governed by Brazilian law, may be electronically signed, and will be disclosed through the Brazilian securities regulator’s systems.
Centrais Elétricas Brasileiras S.A. (Eletrobras) reports that the Colíder Hydroelectric Power Plant has moved from alert status back to attention status after technical analyses confirmed the effectiveness of corrective interventions on previously identified conditions.
The company will start a gradual and controlled refilling of the reservoir, with continuous monitoring of water quality and wildlife and ongoing communication with local communities. Authorities have authorized this procedure after reviewing the action plan, and AXIA Energia plans to keep monitoring and carrying out complementary work to return the plant to normal safety status, emphasizing the protection of people, the environment, and its assets.
Centrais Elétricas Brasileiras S.A. – Eletrobras is calling an extraordinary general meeting to approve migrating its shares to B3’s Novo Mercado, Brazil’s top corporate governance segment, and to simplify its capital structure.
The plan converts all class A1 and B1 preferred shares into common shares at a ratio of 1.1 common share for each preferred share, or, if A1 holders do not approve, keeps A1 outstanding but grants them full voting rights. Current capital consists of 69.5796% common, 0.0050% A1, 9.6021% B1, 20.8133% voting class C, and one golden share. Voting power per shareholder is capped at 10% of voting capital, and holders surpassing 30% or 50% must launch tender offers at significant premiums. Dissenting A1 and B1 shareholders at their special meetings gain appraisal rights if they held shares continuously since February 18, 2026.
Centrais Elétricas Brasileiras (Eletrobras) is calling a special meeting of PNB1 preferred shareholders to vote on converting all PNB1 shares into common shares as part of its planned migration to B3’s Novo Mercado segment. The proposed exchange ratio grants 1.1 common shares for each 1 PNB1 share, providing a conversion premium meant to compensate for PNB1’s current dividend preferences and encourage support for the change.
The migration seeks to simplify the capital structure, adopt the “one share, one vote” principle and formally align governance with Novo Mercado rules. If the PNB1 conversion is approved, PNB1 holders will lose their priority and enhanced dividend rights but gain full voting rights and access to the more liquid common share class. Dissenting PNB1 shareholders who do not vote in favor will have appraisal rights, with reimbursement based on book value per share calculated from the 2025 financial statements, following Brazilian corporate law. Management recommends approval of the conversion and notes that PNB1 conversion is a necessary condition for the Novo Mercado migration.
Centrais Elétricas Brasileiras S.A. – Eletrobras presents a proposal to convert all class A1 preferred shares (PNA1) into common shares at a ratio of 1.1 common shares for each 1 PNA1 share. This conversion is part of a broader plan to migrate the company’s listing to B3’s Novo Mercado, which requires a simplified capital structure and full voting rights for almost all shares.
PNA1 currently represents only 0.005% of capital and is highly illiquid, but carries higher and priority dividends. If the conversion is approved, PNA1 holders gain liquid common shares with standard rights and lose their dividend preferences, and dissenting PNA1 shareholders who have held their shares continuously since February 18, 2026 may exercise withdrawal rights for all their PNA1 shares at book value based on 2025 financial statements. If the conversion is rejected, PNA1 keeps its economic advantages and gains full voting rights, while the Novo Mercado migration can still proceed under a B3 waiver.
Centrais Elétricas Brasileiras S.A. – Eletrobras (AXIA Energia) is asking shareholders to approve a migration to the Novo Mercado segment of B3, Brazil’s highest corporate governance tier. Meetings are scheduled, on first call, for April 1, 2026.
To align with Novo Mercado’s “one share, one vote” rule, management proposes converting PNA1 and PNB1 preferred shares into common shares (ON) at a ratio of 1.1 ON for each 1 PNA1 or PNB1 share. B3 granted exceptional treatment so that conversion of PNA1, which represents 0.005% of total shares, is not a condition to the migration.
If PNA1 or PNB1 conversions are approved, holders who do not vote in favor may exercise dissenters’ rights under Brazilian law and request reimbursement. The company may later call another meeting to ratify or reconsider the decision if reimbursement payments could jeopardize its financial stability.