Engie Brasil Energia Stock

Engie Brasil Energia S.A., together with its subsidiaries, generates and commercializes electrical energy in Brazil. The company is a subsidiary of ENGIE Energy Latin America Paticipações Ltda.

The company’s generator complex is made up of 28 plants, 9 of which are large or medium size, 5 conventional thermoelectric plants and 14 complementary plants: 3 small hydroelectric plants (SHPs), 7 wind and 3 biomass plants and 1 solar photovoltaic plant. It operates all these plants, 24 of them wholly-owned.

As of December 31, 2015, the company reported an aggregate installed capacity of 7,044 MW, equivalent to 5.4% of total Brazilian capacity, and operated a generator complex of 8,765 MW.

The company focuses on the installation and operation of energy generation plants. It operates in the regulated market, consisting of energy distributors, and the free consumer (companies in the industrial sector) market and subdivided into two groups: conventional (for organizations where demand exceeds 3.0 MW) and incentivized energy (for companies with demand in excess of 0.5 MW, which acquire energy from alternative renewable sources, such as biomass, wind and from Small Hydroelectric Plants – SHPs).

The company operates in the services area, offering commercialization of energy surpluses; representing consumers on the Electric Energy Trade Board (CCEE); and partnerships in energy self-production operations and in the development of generation and cogeneration projects fired from different energy.

The company controls various companies, including Companhia Energética Estreito, Lages Bioenergética Ltda., Tractebel Energias Complementares Participações Ltda., Usina Termelétrica Pampa Sul S.A. and Tractebel Energia Comercializadora Ltda.

The company also holds various stakes in plant consortium concessions in its generator complex, such as 19.28% in the Machadinho Consortium, the concessionaire for the Machadinho Hydroelectric Power Plant; (ii) 40.07% in the Estreito Energia Consortium (Ceste), which is responsible for the Estreito Hydroelectric Power Plant concession through Companhia Energética Estreito; and 72.90% in the Andrade Consortium, which is responsible for operating the Ibitiúva Bioenergética Thermal Power Plant through the indirect subsidiary, Ibitiúva Bioenergética S.A., where Tractebel Energias Complementares Participações Ltda holds 95.00% of the capital.

The company also holds a 48.75% stake in the shared control of Itá Energética S.A. (Itasa). Itasa, in turn, holds a 60.50% stake in the Itá Consortium, which operates the Itá Hydroelectric Power Plant concession and in which Tractebel Energia has a direct stake of 39.50%. Adding together its stakes in Itasa and in the Consortium, Tractebel Energia owns 68.99% of the Itá Hydroelectric Power Plant.

History

The company was formerly known as Tractebel Energia S.A. and changed its name to Engie Brasil Energia S.A. in 2016.