(Reuters) – Brazilian energy company Eneva (ENEV3.SA), opens new tab on Thursday reported a net loss of 290.6 million reais ($58.24 million) in the fourth quarter, compared with a loss of 193.9 million reais for the same period in the previous year.
The result was due to an impairment of 432 million reais related to the renegotiation of a debt from Celse, a firm acquired by Eneva in 2022, that owns a thermal plant in the state of Sergipe.
Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) grew more than 88% in the fourth quarter, to about 1 billion reais.
In the period the firm posted a net operating revenue of 2.7 billion reais, a 17.6% increase.
($1 = 4.9897 reais)
Brazil Energy Insight 
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