Argo Energia Empreendimentos e Participações S.A. (“Argo”) was incorporated on March 23, 2016. It is a privately held corporation, listed on the São Paulo Stock Exchange (“B3”) and registered with the Brazilian Securities and Exchange Commission (“CVM”) under Category B.
Argo’s shareholding control is jointly held by Grupo Energía Bogotá S.A. (“GEB”) and Red Eléctrica Brasil Holding Ltda. (“REB”), each holding 50% of the common shares.
Shareholders
Grupo Energía de Bogotá is a Latin American multinational with over 120 years of history. A leader in the energy and natural gas sector, it operates in Colombia, Peru, Guatemala, and Brazil.
Currently, its portfolio includes interests in more than 14,000 kilometers of transmission lines, 4,000 kilometers of gas pipelines, and 3.5 GW of installed capacity.
VISIT THE GRUPO ENERGÍA DE BOGOTÁ WEBSITE
Redeia carries out its international development through its subsidiary Redinter, which has managed electricity transmission networks in South America for more than 20 years.
Redeia, through its subsidiary Red Eléctrica, has been the sole transmission system operator (TSO) in Spain since 1985, with more than 44,000 km of power lines, including international interconnections with France, Morocco, and Portugal. In addition, Redeia, through its various telecommunications subsidiaries, is Spain’s leading neutral operator of fiber-optic infrastructure (Reintel) and one of the world’s leading satellite operators (Hispasat).
In Peru, Redinter is the main transmission company in the southern region of the country, where it has been present since 1999 and manages 1,686 km of transmission lines. In Chile, it has been present since 2016 and manages 1,729 km of transmission lines.
Argo
The shareholding structure of Argo is presented below:
| Shareholders | Common stock | % |
|---|---|---|
| Red Eléctrica Brasil Holding Ltda. | 1.065.675 | 50% |
| Grupo Energia Bogotá S.A. | 1.065.675 | 50% |
| Total | 2.131.350 | 100% |
Argo’s share capital amounts to R$ 3,520,512,913 and is represented by 2,131,350,884 registered common shares, book-entry form, with no par value.
| Company | Classification | Equity stake % |
|---|---|---|
| Argo Transmissão de Energia S.A. (“Argo I”) | Controlled | 100% |
| Argo II Transmissão de Energia S.A. (“Argo II”) | Controlled | 100% |
| Argo III Transmissão de Energia S.A. (“Argo III”) | Controlled | 100% |
| Argo IV Transmissão de Energia S.A. (“Argo IV”) | Controlled | 100% |
| Argeb Energia Empreendimentos e Participações S.A. (“Argeb”) | Jointly controlled | 62,50% |
Argeb
The shareholding structure of Argeb is presented below:
| Shareholders | Common stock | % |
|---|---|---|
| Argo Energia Empreendimentos e Participações S.A. | 2.290.001 | 62,5% |
| Gebbras Participações Ltda. | 1.374.000 | 37,5% |
Argeb’s share capital amounts to BRL 3,674,180,000 and is represented by 3,664,001,000 registered common shares, book-entry form, with no par value.
| Company | Classification | Equity stake % |
|---|---|---|
| Argo V Transmissão de Energia S.A. (“Argo V”) | Controlada | 100% |
| Argo VI Transmissão de Energia S.A. (“Argo VI”) | Controlada | 100% |
| Transmissora José Maria de Macedo de Eletricidade S.A. (“Argo VII”) | Controlada | 100% |
| Giovanni Sanguinetti Transmissora de Energia S.A. (“Argo VIII”) | Controlada | 100% |
| Argo IX Transmissão de Energia S.A. (“Argo IX”) | Controlada | 100% |
