Investors
Predictable revenue.
Disciplined capital.
Scalable and certifiable platform, ready for monetization via IPO or strategic sale. Active governance by Actis at every stage.
R$ 1.0bn+
Total Revenue (RAP + Generation)
AAA.br
Edify / SP-MG Rating
13.5%
Refinanced cost of capital
R$ 428m
Debenture issued
Financial initiatives
In execution.
EDIFY / SP-MG Refinancing
R$ 428m debenture issued. Replacement of ~R$ 550m in Holdco debt. Letters of Credit release cash reserves. AAA.br rating.
Corporate restructuring
Reverse merger Skyline → Edify and partial spin-off executed. Tax efficiency of ~15% in JCP. Clean pre-monetization structure.
Financial Completion · LC Release
TMA I and TMA II completed: ~90% reduction in LC costs in 2025. MGTE and AVT underway, delivery expected in 2026.
Phase I
2025 – 2027
Structuring and Ramp-Up
- Integration of transmission and generation teams
- Debt structure optimization and tax efficiency
- Creation of COO and QHSE role (Quality & ESG)
- Implementation of modular ERP and management systems
- Curtailment mitigation strategy (BESS / Bitcoin Mining)
- EDIFY / SP-MG refinancing R$ 428m debenture
Phase II
2028 – 2030
Consolidation and Monetization
- Operational maturity and consolidated governance
- Auditable and investable platform (IPO or M&A)
- Completion of the Vineyards Project (3rd Transformer Lajeado 3)
- Endurance Expansion across 5 new states, Northern region
- Responsible divestment with predefined returns
- Value delivery to investors, communities, and energy transition
Documents
Financial Statements and corporate documents.
Audited financial statements, corporate acts, management reports, and supplementary materials available upon request for investors, counterparties, and analysts.
Financial Statements
Audited annual financial statements and quarterly ITRs of HRZ Energia and its subsidiaries.
Corporate Documents
Bylaws, minutes, corporate acts, and updated capital structure.
Investor Materials
Institutional presentations, management reports, and governance materials.
Download Center
Available documents.
Financial Statements
Audited annual financial statements and quarterly consolidated reports.



