Brazil’s Taesa Delivers 56% Profit Surge and 100% Payout as Transmission Cash Machine Fires

2026-03-18 - 13:40

3 Key Points —Taesa reported regulatory net income of R$313.3 million ($60M) in Q4 2025, surging 56.1% year-over-year and beating the LSEG IBES consensus estimate of R$262 million by nearly 20% — the strongest quarterly profit since the company accelerated new project energizations in 2025. —Regulatory EBITDA grew 24.4% to R$524.3 million ($100M), though it