On Thursday, July 23, 2026, Axia Energia (AXIA3) reported that its board of directors approved the calling of an Extraordinary General Meeting (EGM), on first call for August 28, 2026, to deliberate on the merger of the subsidiaries Juno Participações e Investimentos S.A., Tijoá Participações e Investimentos S.A., Retiro Baixo Energética S.A. and SPE Nova Era Janapu Transmissora S.A.
According to the company, the mergers are part of a strategy to simplify the corporate structure, with the extinction of the subsidiaries and the succession, by Axia Energia, to all assets, rights, obligations and contingencies of these companies.
The company stated that, as the merged entities are wholly owned, directly or indirectly, by Axia Energia, the transaction will not result in a capital increase, issuance of new shares or withdrawal rights for shareholders.
The mergers will be carried out under the terms of the Brazilian Corporations Law, and their completion is subject to approval by the EGM and the obtaining of the necessary authorizations from the Brazilian Electricity Regulatory Agency (ANEEL).
The company estimates total costs and expenses of approximately R$ 340,000 for legal advisors’ and appraisers’ fees for the implementation and completion of the mergers, not including ordinary costs related to the filing and publication of corporate acts.
