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Aneel Backs 30-Year Renewal for Light, Extends Enel São Paulo Monitoring to 2026

Final approval shifts to the Energy Ministry following a technical finding that Light meets legal, service and financial criteria.

Overview

  • Brazil’s power regulator approved a recommendation to renew Light’s distribution concession for 30 years, sending the decision to the Ministry of Mines and Energy.
  • Aneel’s technical review concluded Light complied with continuity-of-supply indicators, economic-financial management standards and all required legal and fiscal documentation.
  • Light’s path to renewal follows an approved 2024 judicial recovery plan and capital measures that regulators said restored compliance after a debt crisis exceeding R$10 billion.
  • On Enel São Paulo, Aneel postponed a final ruling and the case’s relatora endorsed extending enhanced regulatory monitoring through March 2026 to assess performance in the wet season.
  • Enel SP reported a 50% improvement in average emergency response and a 90% drop in outages over 24 hours since late 2023, but regulators noted the need to confirm durability and cited unpaid fines around R$262 million.