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Trades about 27% below its sector, cheaper than its peers on earnings.
Companhia Energética de Brasília is a holding company, which through its subsidiaries, engages in the distribution and generation of electric energy for residential, commercial, rural, and industrial consumption. It operates through the following business segments: Distribution and Sale of Electric Energy, Power Generation, Sale of Electric Energy, and Others. The Distribution and Sale of Electric Energy segment distributes and trades energy and is responsible for operating and maintaining the infrastructure. The Power Generation segment produces electricity from hydraulic sources ventures. The Sale of Electric Energy focuses on the trading of energy through CEB Lajeado SA. The Others segment operates as a partner or shareholder, provides maintenance services for lighting park in the Federal District, and exploration of piped gas distribution. The company was founded on December 16, 1968 and is headquartered in Brasilia, Brazil.
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