Overview Key strengths Key risks Smooth debt maturities in the next three years and low maintenance capital expenditures, which provide financial flexibility. The exposure of a main asset (Porto Primavera) to a single hydrological system in southeastern Brazil. Commenced operations of solar park Jaíba V, which diversifies its asset base and lowers hydrology risks. More aggressive dividends upstream to Auren, which could hurt credit metrics. Positive energy balance after transferring bilateral contracts in the free market to its parent, Auren--making the company?s cash flow more predictable despite reduced revenue. Possible cash flow outlays from legal involvement in environmental and land disputes where its current and former hydropower plants are located. In October 2024, Auren Energia S.A. (Auren; not rated) concluded
