Axia Energia reported that it invested R$ 1.4 billion in the first quarter of 2026, a 36% increase compared to the same period in 2025. The company also announced the start of CEO Ivan Monteiro's succession process, creating a temporary executive vice-presidency for Élio Wolff starting in June.
Axia Energia is the former Eletrobras, which was privatized in 2022. Ivan Monteiro assumed the company's board presidency in August 2022, shortly after privatization, and moved to executive leadership in August 2023.
Axia created a temporary executive vice-presidency position to be occupied by Élio Wolff starting June 1, 2026
Élio Wolff is currently the company's vice-president of Strategy and Business Development
Covered by only some sources, or where the accounts diverge.
Covered by only some sources (3)
The company reported adjusted IFRS net income of R$ 3.7 billion in the first quarter of 2026
During the transition, specific areas will report to Élio Wolff while others will remain with Ivan Monteiro
The succession process will be completed at the end of Ivan Monteiro's term in April 2027
No gaps declared — all sources converge on the material facts.