Equatorial Energia S/Adr (EQUEY) Q4 2025 Earnings Call

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WEBVTT 00:00:00.638 -- 00:00:02.542 Good 00:00:02.542 -- 00:00:04.827 afternoon, everyone. 00:00:04.827 -- 00:00:08.114 Welcome to Grupo Equatorial's 00:00:08.114 -- 00:00:15.024 fourth quarter 2025 earnings call. Joining us today are our CEO. 00:00:18.847 -- 00:00:20.847 Augusto 00:00:22.451 -- 00:00:27.896 Miranda, Vice President Lourdes Lusca, Cristiano Logrado, Tatiana Vasquez, and 00:00:27.896 -- 00:00:33.081 Mr. Liu Aquino, CEO of EcoEnergia. They will be available to take your questions 00:00:33.081 -- 00:00:38.127 at the end of the call. Note that simultaneous interpretation is available. 00:00:38.127 -- 00:00:43.372 To enable it, just click the Interpretation button at the bottom of your screen and select 00:00:43.372 -- 00:00:48.828 your preferred language. This call is being recorded and will be posted 00:00:48.828 -- 00:00:53.813 on the company's investors' relations website at www.ri.equatorialenergia.com.br, 00:00:57.683 -- 00:01:00.945 along with today's presentation. 00:01:04.455 -- 00:01:07.961 All participants will be in listen-only mode during the presentation. 00:01:07.961 -- 00:01:13.293 We will then open the call for Q&A. when further instructions will be provided. 00:01:13.293 -- 00:01:19.406 Before we begin, please note that any forward-looking statements are based on management's 00:01:19.406 -- 00:01:22.131 current views and assumptions 00:01:22.131 -- 00:01:25.942 as well as information currently available to the company. 00:01:25.942 -- 00:01:30.306 These statements are subject to risks and uncertainties 00:01:30.306 -- 00:01:34.810 as they relate to future events that depend on circumstances that may or may not occur. 00:01:34.810 -- 00:01:39.154 Investors, analysts, and members of the press should keep in mind that factors related 00:01:...