Eneva Swings to Profit Ahead of Key Capacity Auction

2026-03-06 - 09:53

Brazil’s Eneva Reverses Loss as Gas EBITDA Surges 43% 3 Key Points —Eneva posted Q4 2025 net income of R$ 57 million ($11M), reversing the R$ 1.066 billion loss from Q4 2024 that had been inflated by a R$ 634.7 million coal-plant impairment charge, while adjusted EBITDA rose 19.7% to R$ 1.49 billion ($285M) on