Engie Brasil Energia SA traded at 37.51 this Friday April 17th, decreasing 0.68 or 1.78 percent since the previous trading session. Looking back, over the last four weeks, Engie Brasil Energia lost 18.70 percent. Over the last 12 months, its price rose by 33.32 percent. Looking ahead, we forecast Engie Brasil Energia SA to be priced at 36.50 by the end of this quarter and at 33.63 in one year, according to Trading Economics global macro models projections and analysts expectations.
ENGIE Brasil Energia S.A., formerly Tractebel Energia S.A., is an independent utility concessionaire. The Company is engaged in the business of generation and commercialization of electrical energy. The Company develops and operates power plants. The Company installs and operates plants fired from conventional energy sources, such as hydroelectric, thermoelectric and complementary units, small hydroelectric plants and wind, biomass and photovoltaic plants. The Company''s installed capacity, including its stakes in energy generation consortiums, is approximately 7,000 megawatts. The Company''s generation facilities in operation consist of 29 plants, of which nine hydroelectric power plants, seven thermoelectric power plants (three coal, three biomass and one natural gas plant), three small hydro power plants (SHPP), nine wind farms and one photovoltaic solar power plant. The Company is controlled by ENGIE Brasil Participacoes Ltda.