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Last close 47.43000031 on 2026-10-30
Founded: 1962-06-11 (privatized 2022; renamed Axia Energia 2025)
Founders: Founded by the Brazilian federal government under President João Goulart, following a proposal originated under President Getúlio Vargas
Eletrobras (renamed Axia Energia in 2025) was Brazil's state-owned electric-utility holding company and Latin America's largest power company, generating roughly 40% of Brazil's electricity, before its 2022 privatization.