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Eletrobrás Acquires Juno Participações to Bolster Energy Operations

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Eletrobrás Acquires Juno Participações to Bolster Energy Operations

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An announcement from Centrais Elc Braz Pfb B Elbras ( ($EBR.B) ) is now available.

On October 23, 2025, the Board of Directors of Centrais Elétricas Brasileiras S.A. (Eletrobrás) held its 1078th meeting, where they authorized the acquisition of Juno Participações e Investimentos, the parent company of Tijoá Energia S.A., which operates the Três Irmãos Hydroelectric Power Plant. The acquisition, valued at R$ 247 million, aims to resolve judicial proceedings between Eletrobrás and Triunfo/Juno. This strategic move is expected to enhance Eletrobrás’s operational capabilities and strengthen its position in the Brazilian energy market.

The most recent analyst rating on ($EBR.B) stock is a Buy with a $12.00 price target. To see the full list of analyst forecasts on Centrais Elc Braz Pfb B Elbras stock, see the EBR.B Stock Forecast page.

Spark’s Take on EBR.B Stock

According to Spark, TipRanks’ AI Analyst, EBR.B is a Outperform.

The overall stock score of 75 reflects strong financial performance and positive technical indicators. The earnings call provided confidence in the company’s strategic direction, despite some valuation concerns. The attractive dividend yield further supports the stock’s appeal.

To see Spark’s full report on EBR.B stock, click here.

More about Centrais Elc Braz Pfb B Elbras

Centrais Elétricas Brasileiras S.A., also known as Eletrobrás, is a Brazilian electric power company. It is involved in the generation, transmission, and distribution of electricity, focusing on the Brazilian market. The company plays a significant role in the energy sector of Brazil, operating numerous hydroelectric plants and other power generation facilities.

Average Trading Volume: 15,390

Technical Sentiment Signal: Buy

Current Market Cap: $24.4B

See more insights into EBR.B stock on TipRanks’ Stock Analysis page.

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