Cia Estadual de Distribuição Preferred Stock (CEED4)
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Cia Estadual de Distribuição Preferred Stock Profile
| Electric Utilities Industry | Utilities Sector | Rodrigo Gomes Wallau CEO | B3 Exchange | - ISIN |
| Brazil Country | - Employees | - Last Dividend | 14 Jun 2016 Last Split | - IPO Date |
Overview
Companhia Estadual de Distribuição de Energia Elétrica is a prominent electricity distribution company operating within Brazil. Founded in 1966, with its headquarters based in Porto Alegre, Brazil, the company has established itself as a key player in the national energy sector. It serves an extensive area, covering around 87,101 square kilometers and supplying electricity to 72 areas out of the 497 municipalities. As a subsidiary of Equatorial Participações e Investimentos S.A., Companhia Estadual de Distribuição de Energia Elétrica plays a crucial role in meeting the electricity needs of a vast number of residential, commercial, and industrial customers throughout its service territory.
Products and Services
- Electricity Distribution
As the core activity of Companhia Estadual de Distribuição de Energia Elétrica, electricity distribution encompasses the delivery of electric power through an extensive network of transmission lines, substations, and distribution lines. This service ensures the reliable provision of electricity to households, businesses, and industries across the company's service area, spanning thousands of square kilometers.
- Municipal Lighting Services
In addition to distributing electricity, the company also offers services related to municipal lighting. This encompasses the management, maintenance, and modernization of streetlights and other public lighting infrastructures, contributing to the safety and aesthetic appeal of the communities within the service areas.
- Energy Efficiency Programs
Companhia Estadual de Distribuição de Energia Elétrica is committed to promoting energy efficiency among its clients. These programs are designed to help consumers optimize their energy use, thereby reducing consumption and costs, as well as contributing to environmental sustainability. Services may include energy audits, incentives for using energy-efficient appliances, and educational initiatives aimed at raising awareness about energy conservation.
