About Evoltz
Shareholding Structure
This diagram illustrates the corporate structure of EvoltZ Participações S.A., showcasing its subsidiaries:
About our shareholder
Ontario Teachers’ Pension Plan Board (OTPP)
Evoltz is controlled by a globally renowned strategic shareholder: the Ontario Teachers’ Pension Plan Board (OTPP). Founded in 1990, OTPP is one of the largest pension funds in the world, known for its innovative management and long-term investments.
With a diverse portfolio spanning crucial sectors, OTTP brings to Evoltz financial robustness and extensive experience in asset management and sustainable growth strategies. Their commitment to excellence and social responsibility aligns perfectly with our values, strengthening our ability to connect communities and drive progress in the Brazilian electricity sector. OTTP strengthens Evoltz’s position in the Brazilian electricity sector, offering solid support for achieving the best results and continuous innovation.
Executive Board
Ricardo Cyrino
CEO
Daniel Lima
COO
Claudine Furtado
CFO
President of Evoltz. More than 35 years of experience in the energy market, with consolidated experience developed in relevant companies such as CPFL, CCEE, AES Brasil, Atiaia Renováveis and Evoltz through executive leadership positions and Boards in distribution, generation, marketing and transmission. In 2019, he served as National Secretary of Electric Energy at the Ministry of Mines and Energy. Graduated in Electrical Engineering from the Federal University of Itajubá/MG, with an MBA in Energy from POLI/University of São Paulo, and executive leadership programs at the University of Virginia and Georgetown University.
With almost 20 years of experience in the electricity sector, Daniel Lima began his career in 2006, working for 14 years in the Neoenergia group before joining EVOLTZ. He has a solid trajectory in the Energy Distribution and Transmission segments, standing out for its leadership in the area of operations and in asset management and implementation projects. Graduated in Electrical Engineering from the Federal Institute of Bahia – IFBA, he has specializations in Electrical Power Distribution Engineering and Electrical Power Systems from CIMATEC, in addition to MBAs in Business Management from FGV and in Finance from Ibmec. Daniel also completed the International General Management Development Program at IESE Business School.
With about 15 years of experience in the electricity sector, she has consolidated experience developed in relevant companies such as CELESC, ENGIE and BRDE – Development Bank of the Southern Region of Brazil through leadership positions in M&A transaction in the electricity sector, Development of Power Generation projects and Loan Programs for Financing the Energy Sector. Graduated in Economics from PUC-RJ with a master’s degree from EPGE/FGV, she holds an MBA from FDC (Fundação Dom Cabral) and executive training in Energy from HEC/Paris.
Board of Directors
Hélio Lima Magalhães
Chairman of the Board of Directors
Jerson Kelman
Member of the Board of Directors
Igor Romitelli
Member of the Board of Directors
Luiza Lage
Member of the Board of Directors
Matheus Ejima
Member of the Board of Directors
Hélio Lima Magalhães has over 40 years of professional experience, including 16 years as CEO of companies in Brazil, Mexico, and the United States. He ended his executive career in 2017 and currently serves on several corporate boards. Among his main executive roles, he was President of Citibank Brazil, President of American Express Global Network Services – Americas in New York, President of American Express Mexico, and President of American Express Brazil.
He is currently a board member at Banco de Crédito del Perú (BCP), and chairs the boards of Evoltz Participações, Cia Melhoramentos São Paulo, and fintech company Liber Capital. Previously, he served as Chairman of the Board of Banco do Brasil and as a board member at Enel São Paulo, FGC (Credit Guarantee Fund), IRB (Brazilian Reinsurance Institute), and Suzano. He was also Chairman of the Board of the American Chamber of Commerce Brazil and a member of the Brazil-US Business Council at the US Chamber of Commerce.
He holds a degree in Electrical Engineering and Computer Science from The George Washington University – Washington DC, USA, and a postgraduate degree in Computer Science from the Pontifical Catholic University of Rio de Janeiro (PUC-Rio).
Civil engineer (EE-UFRJ, 1971), with a master’s degree in Hydraulics (COPPE-UFRJ, 1973) and a PhD in Hydrology and Water Resources (Colorado State University, 1976). He currently serves on the boards of Evoltz Transmissora de Energia, IGUÁ Saneamento, and Orizon Valorização de Resíduos.
He has extensive experience in the infrastructure sector, having served as Director-General of ANEEL (2005–2008), President of Grupo Light (2010–2012), and SABESP (2015–2018), in addition to being a professor at COPPE-UFRJ for nearly 50 years. He also held positions as President of ANA, Government Intervener at Enersul, and is a full member of the Brazilian National Academy of Engineering.
Igor Romitelli is a Managing Director on the Infrastructure team at Ontario Teachers’ and joined the organization in 2020. He is responsible for sourcing, evaluating, and executing new investment opportunities across various sectors in the Americas, leading the infrastructure coverage in Brazil. Igor holds an MBA with Distinction from INSEAD and a Bachelor of Laws degree from the University of São Paulo.
Professional with over three decades of solid experience in the financial market. Currently, she is a board member at Evoltz, a member of the Audit Committee of B3, Banco ABC Brasil, and the Audit, Risk, and Compliance Committee of Grupo Silvio Santos. She also serves as alternate member of the Fiscal Council of PETZ and as an Advisory Board Member at FIN4SHE.
Matheus Ejima is a Principal on the Infrastructure team at Ontario Teachers’, having joined in 2022 to lead investments in Latin America and develop new opportunities. With 15 years of diverse experience in the infrastructure sector, Matheus previously worked in investment banking and financial advisory firms. He holds a master’s degree in Finance and a bachelor’s degree in Business Administration from the University of São Paulo.
Hélio Lima Magalhães has over 40 years of professional experience, including 16 years as CEO of companies in Brazil, Mexico, and the United States. He ended his executive career in 2017 and currently serves on several corporate boards. Among his main executive roles, he was President of Citibank Brazil, President of American Express Global Network Services – Americas in New York, President of American Express Mexico, and President of American Express Brazil.
He is currently a board member at Banco de Crédito del Perú (BCP), and chairs the boards of Evoltz Participações, Cia Melhoramentos São Paulo, and fintech company Liber Capital. Previously, he served as Chairman of the Board of Banco do Brasil and as a board member at Enel São Paulo, FGC (Credit Guarantee Fund), IRB (Brazilian Reinsurance Institute), and Suzano. He was also Chairman of the Board of the American Chamber of Commerce Brazil and a member of the Brazil-US Business Council at the US Chamber of Commerce.
He holds a degree in Electrical Engineering and Computer Science from The George Washington University – Washington DC, USA, and a postgraduate degree in Computer Science from the Pontifical Catholic University of Rio de Janeiro (PUC-Rio).
Igor Romitelli is a Managing Director on the Infrastructure team at Ontario Teachers’ and joined the organization in 2020. He is responsible for sourcing, evaluating, and executing new investment opportunities across various sectors in the Americas, leading the infrastructure coverage in Brazil. Igor holds an MBA with Distinction from INSEAD and a Bachelor of Laws degree from the University of São Paulo.
President of Evoltz. More than 35 years of experience in the energy market, with consolidated experience developed in relevant companies such as CPFL, CCEE, AES Brasil, Atiaia Renováveis and Evoltz through executive leadership positions and Boards in distribution, generation, marketing and transmission. In 2019, he served as National Secretary of Electric Energy at the Ministry of Mines and Energy. Graduated in Electrical Engineering from the Federal University of Itajubá/MG, with an MBA in Energy from POLI/University of São Paulo, and executive leadership programs at the University of Virginia and Georgetown University.
Hélio Lima Magalhães has over 40 years of professional experience, including 16 years as CEO of companies in Brazil, Mexico, and the United States. He ended his executive career in 2017 and currently serves on several corporate boards. Among his main executive roles, he was President of Citibank Brazil, President of American Express Global Network Services – Americas in New York, President of American Express Mexico, and President of American Express Brazil.
He is currently a board member at Banco de Crédito del Perú (BCP), and chairs the boards of Evoltz Participações, Cia Melhoramentos São Paulo, and fintech company Liber Capital. Previously, he served as Chairman of the Board of Banco do Brasil and as a board member at Enel São Paulo, FGC (Credit Guarantee Fund), IRB (Brazilian Reinsurance Institute), and Suzano. He was also Chairman of the Board of the American Chamber of Commerce Brazil and a member of the Brazil-US Business Council at the US Chamber of Commerce.
He holds a degree in Electrical Engineering and Computer Science from The George Washington University – Washington DC, USA, and a postgraduate degree in Computer Science from the Pontifical Catholic University of Rio de Janeiro (PUC-Rio).
Igor Romitelli is a Managing Director on the Infrastructure team at Ontario Teachers’ and joined the organization in 2020. He is responsible for sourcing, evaluating, and executing new investment opportunities across various sectors in the Americas, leading the infrastructure coverage in Brazil. Igor holds an MBA with Distinction from INSEAD and a Bachelor of Laws degree from the University of São Paulo.
President of Evoltz. More than 35 years of experience in the energy market, with consolidated experience developed in relevant companies such as CPFL, CCEE, AES Brasil, Atiaia Renováveis and Evoltz through executive leadership positions and Boards in distribution, generation, marketing and transmission. In 2019, he served as National Secretary of Electric Energy at the Ministry of Mines and Energy. Graduated in Electrical Engineering from the Federal University of Itajubá/MG, with an MBA in Energy from POLI/University of São Paulo, and executive leadership programs at the University of Virginia and Georgetown University.
