Companhia de Eletricidade do Estado da Bahia S.A. Preferred (CEEB5)

Overview

Companhia de Eletricidade do Estado da Bahia - COELBA, founded in 1960, stands as a pivotal player in the electricity distribution sector within Brazil. Based in Salvador, the capital of Bahia, this illustrious company is tasked with a vast and crucial responsibility—providing electrical power to a significant portion of the Brazilian population. Serving 417 municipalities, it supplies electricity to over 6.6 million consumers across the State of Bahia. Furthermore, COELBA extends its services beyond Bahia, catering to specific municipalities including Delmiro Gouveia in Alagoas and Dianápolis in Tocantins. As a subsidiary of Neoenergia S.A., COELBA is backed by a strong corporate lineage, ensuring reliability and quality in the delivery of its services to the Brazilian populace.

Products and Services

• Electricity Distribution

At its core, COELBA specializes in the distribution of electricity. This encompasses a wide spectrum of activities necessary to bring electrical power from the generation facilities right to the doorstep of the end consumer. Through an extensive network of distribution lines and substations, COELBA ensures that households, businesses, and industrial clients within its service territory have access to a stable and reliable electricity supply. This service is critical for powering local economies, ensuring public safety through street lighting, and improving the quality of life for millions of residents in the region.