Transmissora Alianca de Energia Eletrica SA traded at 46.45 this Friday October 9th, increasing 0.82 or 1.80 percent since the previous trading session. Looking back, over the last four weeks, Taesa gained 12.50 percent. Over the last 12 months, its price rose by 29.64 percent. Looking ahead, we forecast Transmissora Alianca de Energia Eletrica SA to be priced at 45.08 by the end of this quarter and at 41.19 in one year, according to Trading Economics global macro models projections and analysts expectations.
Transmissora Alianca de Energia Eletrica SA (Taesa) is a Brazil-based company involved in the electricity transmission. The Company specializes in the implementation, operation and maintenance of electric power transmission lines comprising the basic grid of the National Interconnected System (SIN). The Company holds approximately 40 transmission concessions in Brazil. In addition, it provides planning studies of transmission infrastructure, chemical analysis of materials, engineering services and technical support, among others. The Company operates through a number of subsidiaries, such as Nordeste Transmissora de Energia SA, Novatrans Energia SA, Miracema Transmissora de Energia SA and Sul Transmissora de Energia SA.