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Light S.A.

From Wikipedia, the free encyclopedia
Brazilian utility company
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Find sources: "Light S.A." – news ·newspapers ·books ·scholar ·JSTOR
(July 2018)
Light S.A.
Company typeSociedade Anônima
B3LIGT3
IndustryElectricity
Founded1904
Headquarters,
Key people
Octavio Lopes Pereira,(CEO)
ProductsElectrical power
ServicesElectricity distribution
Electricity transmission
RevenueIncrease US$ 4.3 billion(2021)[1]
Increase US$ 13.931  million(2021)[1]
Number of employees
3,735
Websitewww.light.com.br

Light-Serviços de Electricidade S.A., known commonly asLight S.A. (Portuguese pronunciation:[ˈlajtʃ]) is aprivate sector public utility company ofRio de Janeiro,Brazil. Founded in 1904 inToronto, Ontario, Canada by The Rio de Janeiro Tramway, Light and Power Co. Ltd., it was authorized to operate in Brazil in 1905.

Research activities of generation, distribution and sale of electricity and each of these areas is represented by a different company. Currently the controlling stake in Light is owned byCEMIG, an electric company based inBelo Horizonte.

History

[edit]

Electrical power infrastructure in Rio de Janeiro was originally developed in 1904 by the Rio de Janeiro Tramway, Light and Power Company, a company financed with foreign capital and legally domiciled in Toronto, Ontario, Canada. After 1912, this company was part of theholding company Brazilian Traction, Light and Power Company (usually known in Brazil simply as "Light"), which eventually changed its name toBrascan (for "Brasil" + "Canada"). In 1979, the company's Brazilian assets transferred to Brazilian ownership. The Canadian company, which had in the meantime diversified to other areas, still exists under the nameBrookfield Asset Management.

On May 12, 2023, Light filed for bankruptcy.[2]

References

[edit]
  1. ^ab"Light registra lucro de mais de R$ 500 milhões em 2010".SRZD - Sidney Rezende.
  2. ^"Brazil's Light files for bankruptcy protection with 2.2 bln of debt".MarketScreener. May 12, 2023. RetrievedMay 12, 2023.

External links

[edit]
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National
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