Aneel Chief Urges Ending Enel São Paulo Contract as Board Pushes Decision to March

Overview

• Director-general Sandoval Feitosa voted to recommend caducity, saying Enel São Paulo lost credibility and legitimacy after recurrent service failures.
• The Aneel board extended the review by 30 days to allow further analysis and submissions, setting the next session for March 24 despite Feitosa’s opposition to any delay.
• Feitosa also asked for a formal study of administrative intervention to safeguard service, signaling possible measures up to changes in control or company structure.
• The Ministry of Mines and Energy favors termination or a transfer of control, though any final administrative action would follow Aneel’s recommendation and could face legal challenge.
• Enel rejects selling the asset and attributes major outages to trees striking aerial lines, with CEO Flavio Cattaneo floating tree-corridor management or undergrounding as solutions, drawing sharp rebuttals from São Paulo’s mayor and a company statement defending its investments and recent quality improvements.