# Tag: utilities brazil

- [Iberdrola Launches Tender Offer to Take Neoenergia  Private After Buying Previ’s 30% Stake](https://brazilstockguide.com/insights/iberdrola-launches-tender-offer-to-take-neoenergia-private-after-buying-previs-30-stake/) (2025-11-24): Spanish utility sets a R$32.50 offer price — matching the Previ block — as it seeks to delist Neoenergia from B3’s Novo Mercado.
- [CPFL Adjusts Auction Model and Targets a Stronger Growth Cycle in 2026](https://brazilstockguide.com/insights/cpfl-adjusts-auction-model-and-targets-a-stronger-growth-cycle-in-2026/) (2025-11-14): Utility prepares for a larger transmission and storage pipeline after revising its bidding models and winning the biggest lot in the latest auction.
- [Equatorial Boosts Shareholder Returns with Billion-Real Payout and New Buyback Program](https://brazilstockguide.com/insights/equatorial-payout-buyback-program-results-q3-2025/) (2025-11-13): Asset sale unlocks R$1.8 billion in interest-on-equity and a renewed repurchase plan as the group strengthens liquidity and advances operational metrics.