AES Brasil stock enters Auren restructuring with BRL 858.90 million EBITDA

Published on 09/29/2026 at 19:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

AES Brasil stock now sits within Auren Energia, where analysts raised 2026 revenue consensus to BRL 10.0 billion. Q2 adjusted EBITDA reached BRL 858.90 million.

AES Brasil, BRAESBACNOR1, Illustration mit AI erstellt.

AES Brasil stock is now represented through Auren Energia, with adjusted EBITDA of BRL 858.90 million in Q2 2026. The September 24, 2026 B3 close was BRL 12.42, giving investors a dated market reference while the group advances its corporate restructuring.

Auren carries the AES Brasil assets

According to Quartr on September 17, 2026, Auren operates a 100 percent renewable portfolio with 8.7 gigawatts of installed capacity. The presentation also identified AES Brasil integration and CESP restructuring as central operating milestones.

The latest quarter shows the tradeoff. Auren's adjusted EBITDA fell 12.40 percent to BRL 858.90 million in Q2 2026, while net debt declined by BRL 194.00 million, according to Quartr.

Forecasts improve but sales remain pressured

Simply Wall St reported on September 9, 2026 that analyst consensus for 2026 revenue rose to BRL 10.0 billion from BRL 9.0 billion. The same update kept the consensus price target at BRL 14.47, although the forecast still implies a 23.00 percent decline from the prior twelve-month sales base.

That comparison makes the outlook more balanced. Forecast upgrades point to better expectations for 2026, but the projected revenue contraction and lower quarterly EBITDA keep execution important for the former AES Brasil assets.

Restructuring sets the next checkpoint

As ADVFN reported on September 23, 2026, CESP filed on September 22, 2026 to convert its securities issuer registration from Category B to Category A. The second phase is designed to consolidate hydroelectric assets, simplify the corporate structure and combine Auren Operations with CESP.

The company profile supplied by the investor-relations portal describes generation across hydroelectric, wind and solar assets. Auren's Cajuína 3 wind project was 88.00 percent complete in the September 17, 2026 presentation, with commercial operation expected in December 2026.

BRL 12.42 was the latest B3 close

AES Brasil stock, represented by AURE3 on B3, closed at BRL 12.42 on September 24, 2026. The combination of a BRL 14.47 consensus target, BRL 858.90 million quarterly adjusted EBITDA and the ongoing restructuring gives the renamed group three concrete checkpoints for the next reporting cycle.