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Energias do Brasil SA and subsidiaries - EDP no Brasil | Investidores

Energias do Brasil SA and subsidiaries - EDP no Brasil | Investidores

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PROJECTS UNDER CONSTRUCTION<br />

UTE PORTO DO PECÉM I<br />

8<br />

2009 MANAGEMENT REPORT<br />

The strategy to increase the installed capacity of <strong>EDP</strong> <strong>Energias</strong> <strong>do</strong> <strong>Brasil</strong> also includes the<br />

construction of UTE Porto <strong>do</strong> Pecém I, in the state of Ceará, in which it holds interest of 50% in<br />

partnership with MPX Energia. UTE Porto <strong>do</strong> Pecém I will use imported mineral coal <strong>and</strong> will have<br />

an installed capacity of 720 MW, of which 615 MW were sold by the Group in the A-5 auction held<br />

by the Electric Energy Trading Chamber (CCEE), in October 2007.<br />

The deployment schedule establishes the commercial go-live of the plant before January 2012, the<br />

date on which the energy delivery commitment undertaken in the Regulated Market begins.<br />

UTE Porto <strong>do</strong> Pecém I is part of the Growth Acceleration Program ("PAC") of the Federal<br />

Government <strong>and</strong> represents an important step towards diversification of the electric <strong>and</strong> energy<br />

matrix of Brazil, ensuring the trustability of the offer of electricity in the country. The power plant will<br />

use tech<strong>no</strong>logy of clean coal burning, complying with the strictest requirements of the Brazilian<br />

legislation <strong>and</strong> international organizations.<br />

In October 2009, the long-term financing from the National Bank of Eco<strong>no</strong>mic <strong>and</strong> Social<br />

Development ("BNDES") <strong>and</strong> the Interamerican Development Bank ("IBD") was disbursed to UTE<br />

Porto <strong>do</strong> Pecém I. For further details, see section "Indebtedness".<br />

REPOWERING<br />

In 2009, the repowering of UHE Suíça (2.9MW) <strong>and</strong> two machines of PCH Rio Bonito (3.8 MW)<br />

were concluded. The conclusion of the repowering of the last machine of PCH Rio Bonito (1.9 MW)<br />

is scheduled for the first quarter of 2010. After conclusion, it will add 5.7 MW to the installed<br />

capacity. The conclusion of the repowering of UHE Mascarenhas (17.5 MW) is scheduled for the<br />

year 2012.

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