Enel Distribuição São Paulo ''(Enel Distribution São Paulo)'', former Eletropaulo Metropolitana and AES Eletropaulo, is a major

Brazil Brazil ( pt, Brasil; ), officially the Federative Republic of Brazil (Portuguese: ), is the largest country in both South America and Latin America. At and with over 217 million people, Brazil is the world's fifth-largest country by area ...

ian power distributor in the state of

São Paulo São Paulo (, ; Portuguese for ' Saint Paul') is the most populous city in Brazil, and is the capital of the state of São Paulo, the most populous and wealthiest Brazilian state, located in the country's Southeast Region. Listed by the Ga ...

, 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

, including the city itself; Ownership of ''AES Eletropaulo'' is shared by Italian giant power company

Enel Enel S.p.A. is an Italian multinational manufacturer and distributor of electricity and gas. Enel, which originally stood for Ente nazionale per l'energia elettrica (National Electricity Board), was first established as a public body at the ...

. 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 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 Star ...

, a company financed with foreign capital and legally domiciled in

Toronto, Ontario 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 ancho ...

, Canada. After 1912, this company was part of the

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 ...

Brazilian Traction, Light and Power Company (usually known in Brazil simply as "Light"), which eventually changed its name to Brascan (for "Brasil" + "Canada"). At the end of the 1970s, the company's Brazilian assets transferred to Brazilian ownership, first to private hands and then (in 1981) to the government of the state of São Paulo. The Canadian company, which had in the meantime diversified to other areas, still exists under the name

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 contro ...

References

External links

The company's home page in Portuguese
Companies based in São Paulo (state) Electric power companies of Brazil Companies listed on B3 (stock exchange) Privatized companies of Brazil Enel Energy companies established in 1999 Brazilian companies established in 1999 {{Brazil-company-stub