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AES Eletropaulo
Enel Distribuição São Paulo ''(Enel Distribution São Paulo)'', former Eletropaulo Metropolitana and AES Eletropaulo, is a major Brazilian power distributor in the state of São Paulo, created in the breakup of the old state-owned power distribution company Eletropaulo that monopolized electricity distribution in São Paulo from 1981 to 1999. The similarity of the names makes most old customers call it simply Eletropaulo. The company has around 5.8 million customers - nearly 20 million people - in an area of 4,526 kilometers ², in 24 municipalities in the metropolitan area of São Paulo, including the city itself; Ownership of ''AES Eletropaulo'' is shared by Italian giant power company Enel. Its stock was traded on B3, and was part of the Ibovespa index. History Electrical power infrastructure in São Paulo was originally developed in the first half of the 20th century by the São Paulo Tramway, Light and Power Company, a company financed with foreign capital and legally ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal entities f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
São Paulo Tramway, Light And Power Company
São Paulo Tramway, Light and Power Company, also known as Light São Paulo or simply Light (), was a privately owned utility company operating in São Paulo, Brazil from 1899 until 1981. History Canadians William Mackenzie and Frederick Stark Pearson founded the São Paulo Tramway, Light and Power Company in 1899. In 1900 Light São Paulo began operating the first tram line in the city of São Paulo which ran to Barra Funda. Work began in 1901 on the hydroelectric plant in Santana de Parnaíba. It opened in 1905. In 1905 the company installed the first electric street lights on Rua Barão de Itapetininga. In 1906 the company constructed a reservoir at Guarapiranga. In 1907 they installed 50 more lights on Rua Direita, Rua 15 de Novembro, and Rua São Bento. The company signed a contract with the state of São Paulo for the first time in 1911. By 1916 they had installed 8,605 gas lights and 864 electric street lamps in the city. Successors SPTL&P's tramways were acquire ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privatized Companies Of Brazil
Privatization (also privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation when a heavily regulated private company or industry becomes less regulated. Government functions and services may also be privatised (which may also be known as "franchising" or "out-sourcing"); in this case, private entities are tasked with the implementation of government programs or performance of government services that had previously been the purview of state-run agencies. Some examples include revenue collection, law enforcement, water supply, and prison management. Another definition is that privatization is the sale of a state-owned enterprise or municipally owned corporation to private investors; in this case shares may be traded in the public market for the first time, or for the first time since an enterprise's previous nationaliz ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Listed On B3 (stock Exchange)
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electric Power Companies Of Brazil
Electricity is the set of physical phenomena associated with the presence and motion of matter that has a property of electric charge. Electricity is related to magnetism, both being part of the phenomenon of electromagnetism, as described by Maxwell's equations. Various common phenomena are related to electricity, including lightning, static electricity, electric heating, electric discharges and many others. The presence of an electric charge, which can be either positive or negative, produces an electric field. The movement of electric charges is an electric current and produces a magnetic field. When a charge is placed in a location with a non-zero electric field, a force will act on it. The magnitude of this force is given by Coulomb's law. If the charge moves, the electric field would be doing work on the electric charge. Thus we can speak of electric potential at a certain point in space, which is equal to the work done by an external agent in carrying a unit of positiv ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Based In São Paulo (state)
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "artificial per ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brookfield Asset Management
Brookfield Asset Management Inc. is a Canadian multinational company that is one of the world's largest alternative investment management companies, with over US$725 billion of assets under management in 2022. It focuses on direct control investments in real estate, renewable power, infrastructure, credit and private equity. The company invests in distressed securities through Oaktree Capital, which it bought in 2019. Brookfield's headquarters are in Toronto. It also has corporate offices in New York City, London, São Paulo, Mumbai, Shanghai, Dubai, and Sydney. History The company was founded in 1899 as the São Paulo Tramway, Light and Power Company by William Mackenzie and Frederick Stark Pearson. It operated in the construction and management of electricity and transport infrastructure in Brazil. In 1904, the Rio de Janeiro Tramway, Light and Power Company was founded by Mackenzie's group. In 1912, Brazilian Traction, Light and Power Company was incorporated in T ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to Lawsuit, litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Toronto
Toronto ( ; or ) is the capital city of the Canadian province of Ontario. With a recorded population of 2,794,356 in 2021, it is the most populous city in Canada and the fourth most populous city in North America. The city is the anchor of the Golden Horseshoe, an urban agglomeration of 9,765,188 people (as of 2021) surrounding the western end of Lake Ontario, while the Greater Toronto Area proper had a 2021 population of 6,712,341. Toronto is an international centre of business, finance, arts, sports and culture, and is recognized as one of the most multicultural and cosmopolitan cities in the world. Indigenous peoples have travelled through and inhabited the Toronto area, located on a broad sloping plateau interspersed with rivers, deep ravines, and urban forest, for more than 10,000 years. After the broadly disputed Toronto Purchase, when the Mississauga surrendered the area to the British Crown, the British established the town of York in 1793 and later designat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Índice Bovespa
The Bovespa Index ( pt, Índice Bovespa), best known as Ibovespa is the benchmark index of about 92 stocks traded on the B3 (Brasil Bolsa Balcão), accounting for the majority of trading and market capitalization in the Brazilian stock market. It is weighted measurement index. Overview The index is a total return index composed by a theoretical portfolio as follows: Selection criteria: Being amongst the eligible stocks that account for 85% in descending order by individual tradability ratio (IN); Traded in 95% of the trading sessions; 0.1% of the value traded on the cash equity market (round lots); and must not be a penny stock. It is weighted by free float. It is revised on a 4-month portfolio cycle in January, May, and September. On average, the components of Ibovespa represent 70% of all the stock value traded. Its index number represents the present value of a portfolio begun on 2 January 1968, with a starting value of 100 and taking into account share price increases pl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Eletropaulo
Enel Distribuição São Paulo ''(Enel Distribution São Paulo)'', former Eletropaulo Metropolitana and AES Eletropaulo, is a major Brazilian power distributor in the state of São Paulo, created in the breakup of the old state-owned power distribution company Eletropaulo that monopolized electricity distribution in São Paulo from 1981 to 1999. The similarity of the names makes most old customers call it simply Eletropaulo. The company has around 5.8 million customers - nearly 20 million people - in an area of 4,526 kilometers ², in 24 municipalities in the metropolitan area of São Paulo, including the city itself; Ownership of ''AES Eletropaulo'' is shared by Italian giant power company Enel. Its stock was traded on B3, and was part of the Ibovespa index. History Electrical power infrastructure in São Paulo was originally developed in the first half of the 20th century by the São Paulo Tramway, Light and Power Company, a company financed with foreign capital and legally ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
B3 (stock Exchange)
B3 S.A. - Brasil, Bolsa, Balcão (in English, ''B3 - Brazil Stock Exchange and Over-the-Counter Market''), formerly BM&FBOVESPA, is a stock exchange located in São Paulo, Brazil, and the second oldest of the country. Its current form can be traced back to May 8, 2008, when the São Paulo Stock Exchange (Bovespa) and the Brazilian Mercantile and Futures Exchange (BM&F) merged, creating BM&FBOVESPA. On March 30, 2017, BM&FBOVESPA merged with CETIP, creating ''B3.'' The benchmark indicator of B3 is the Índice Bovespa, more commonly known as ''Ibovespa''. There were 418 companies traded at Bovespa as of March 2021. On June 7, 2021, the Ibovespa index reached its record market closing above 130,776 points. B3 also has offices in Rio de Janeiro, Shanghai, and London. History Founded on August 23, 1890 by Emilio Rangel Pestana, the "Bolsa de Valores de São Paulo" (São Paulo Stock Exchange, in English) has had a long history of services provided to the stock market and the Brazi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
