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Alupar Investimento (ALUP11) investor relations material
Alupar Investimento Investor Day 2025 summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Strategic vision and future growth
Focus on expanding transmission assets across Brazil and Latin America, with 60 assets and 10,000 km of transmission lines by 2025, including major projects in Colombia, Peru, and Chile.
New growth cycle includes R$ 7.9 billion in CAPEX and R$ 1.1 billion in RAP, with anticipated project completions through 2029 and a 13.8% RAP/CAPEX ratio.
Recent M&A activity with the acquisition of TBO, marking the first such transaction, and continued diversification of the portfolio with increased foreign currency exposure.
Emphasis on integrated solutions, digitalization, and development of new products and services for strategic customers from 2026 onward.
Strong presence in university events and talent development, with 20 new interns in 2025 and 29% of hires from internal recruitment.
Financial performance and guidance
Consistent growth in net revenue (+7.1%), net income (+8.7%), and EBITDA (+17.1%) for 9M25 compared to 9M24.
Contracted RAP grew at a 26% annual average between 2023 and 2025, with a 60% increase per cycle.
Portfolio diversification with a projected increase in foreign currency revenue from 4% in 2023 to 18% in 2029.
R$ 2 billion in new funding by September 2025, with a focus on reducing debt costs and maintaining a solid capital structure.
Dividend payments increased by 116% from 9M23 to 9M25, with a sustainable distribution policy since 2022.
Sector challenges and regulatory environment
Sector faces challenges from aging assets, climate change, and the need for network resilience, requiring R$ 153 billion in investments by 2034.
Regulatory adjustments focus on distributed generation, electric mobility, data centers, hydrogen plants, and energy storage systems.
New rules for curtailment and distributed generation are being developed, with implementation expected in 2026.
Subsidies in the electricity sector represent 16.99% of residential tariffs in 2025, with R$ 38.6 billion in total subsidies.
The need for additional power supply starts in 2027, reaching 5,500 MW by 2028.
Next Alupar Investimento earnings date
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