BRAZILIAN ELECTRIC POWER CO Current Report (Foreign Issuer)
Centrais Elétricas Brasileiras S.A.
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Rhea-AI Filing Summary
Centrais Elétricas Brasileiras S.A. (Eletrobras) reported that its subsidiary AXIA Energia won lots 6A, 6B, 7A, and 7B in ANEEL Transmission Auction No. 04/2025. The awards cover synchronous compensation projects at 500 kV substations in Minas Gerais and Rio Grande do Norte with a 42‑month implementation term.
Winning bids set the following Purchase RAP (BRL million): Lot 6A 43.10 (vs. ANEEL maximum 88.25; discount 51.17; ANEEL capex 542.27), Lot 6B 23.74 (max 46.03; discount 48.43; capex 282.81), Lot 7A 48.20 (max 87.33; discount 44.81; capex 536.45), and Lot 7B 23.70 (max 43.72; discount 45.79; capex 268.54). AXIA Energia stated the outcome strengthens its leadership in transmission with focus on value creation and disciplined capital allocation.
Insights
AXIA secured four regulated transmission lots with sizable RAP discounts.
AXIA Energia won four ANEEL transmission lots with Purchase RAPs between BRL 23.70M and BRL 48.20M. In Brazil, RAP is the regulated annual allowed revenue for transmission assets. Each lot carries a 42-month implementation term and large bid discounts versus ANEEL maximum RAP, indicating competitive pricing.
Financially, the filing lists ANEEL capex references from BRL 268.54M to BRL 542.27M per lot. Actual cash flows depend on construction progress and regulatory revenue recognition under the RAP framework. The announced positioning emphasizes disciplined capital allocation.
Key items are the execution of the synchronous compensator installations at 500 kV substations (Nova Ponte 3, Paracatu 4, Açu III, João Câmara III) and adherence to the 42-month schedule, as reflected in the awarded lots and stated terms.
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934
For the month of October, 2025
Commission File Number 1-34129
CENTRAIS ELÉTRICAS BRASILEIRAS S.A. - ELETROBRÁS
(Exact name of registrant as specified in its charter)
BRAZILIAN ELECTRIC POWER COMPANY
(Translation of Registrant's name into English)
Rua da Quitanda, 196 – 24th floor,
Centro, CEP 20091-005,
Rio de Janeiro, RJ, Brazil
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ___X___ Form 40-F _______
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No___X____
Classificação: Pública Transmission Auction Rio de Janeiro, October 31, 2025, AXIA Energia announces that has successfully acquired lots 6A, 6B, 7A, and 7B in Transmission Auction No. 04/2025, held today by the Brazilian Electricity Regulatory Agency – ANEEL, as detailed below. Lot Description Location (State) ANEEL Maximum RAP¹ (BRL million) Purchase RAP (BRL million) Discount (%) ANEEL Capex (BRL million) Term (months) 6A SE 500 kV Nova Ponte 3 - Compensações Síncronas 2 x (-200/+300) Mvar; MG 88,25 43,10 51,17 542,27 42 6B SE 500 kV Paracatu 4 - Compensação Síncrona 1 x (-200/+300) Mvar MG 46,03 23,74 48,43 282,81 42 7A SE 500 kV Açu III - Compensações Síncronas 2 x (-200/+300) Mva RN 87,33 48,20 44,81 536,45 42 7B SE 500 kV João Câmara III - Compensação Síncrona 1 x (-200/+300) Mvar RN 43,72 23,70 45,79 268,54 42 1 RAP- Receita Anual Permitida. With the outcome of today’s auction, AXIA Energia strengthens its leadership position in the transmission market, with a focus on value creation and disciplined capital allocation. Eduardo Haiama Vice President of Finance and Investor Relations
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: October 31, 2025
| CENTRAIS ELÉTRICAS BRASILEIRAS S.A. - ELETROBRÁS | ||
| By: |
/S/ Eduardo Haiama |
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Eduardo Haiama Vice-President of Finance and Investor Relations |
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FORWARD-LOOKING STATEMENTS
This document may contain estimates and projections that are not statements of past events but reflect our management’s beliefs and expectations and may constitute forward-looking statements under Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. The words “believes”, “may”, “can”, “estimates”, “continues”, “anticipates”, “intends”, “expects”, and similar expressions are intended to identify estimates that necessarily involve known and unknown risks and uncertainties. Known risks and uncertainties include, but are not limited to: general economic, regulatory, political, and business conditions in Brazil and abroad; fluctuations in interest rates, inflation, and the value of the Brazilian Real; changes in consumer electricity usage patterns and volumes; competitive conditions; our level of indebtedness; the possibility of receiving payments related to our receivables; changes in rainfall and water levels in reservoirs used to operate our hydroelectric plants; our financing and capital investment plans; existing and future government regulations; and other risks described in our annual report and other documents filed with the CVM and SEC. Estimates and projections refer only to the date they were expressed, and we do not assume any obligation to update any of these estimates or projections due to new information or future events. Future results of the Company’s operations and initiatives may differ from current expectations, and investors should not rely solely on the information contained herein. This material contains calculations that may not reflect precise results due to rounding.