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Brazilian transmission company Cteep reported second quarter net income of 90.1mn reais (US$39.9mn), up 90% year-on-year.
Ebitda rose 162% over the period to 119.8mn reais while net operating revenue climbed 6.3% to 218.4mn reais, Cteep said in a results report.
Based in São Paulo, Cteep is Brazil's largest private transmission company with 12,993km of transmission lines and 105 substations in 12 states.
BNamericas will host its fourth LatAm Power Generation Summit in Santiago, Chile, on August 13-14. Click here to download the agenda.