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Event Brief

Neoenergia Q1 profit rises 28% as Iberdrola nears control

Neoenergia reported Q1 2026 net profit of R$1.2 billion, up 28%, as Iberdrola moved to 98% control.
WHO: Neoenergia
WHAT: Neoenergia reported Q1 2026 net profit up 28% amid Iberdrola increasing control to 98%
WHEN: Apr 29, 2026 at 7:53 AM ET
WHERE: Brazil
WHY: No specific cause was reported.
Sources (1): Rio Times

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