ENGIE to hold two electronic auctions for the purchase of long-term energy
ENGIE Brasil Energia, the largest private sector producer of electric energy in Brazil, announces the holding of two electronic auctions for the purchase of long-term energy. The energy should be delivered to the Southeast/Central-West submarket but may be sourced from any region and will be destined to supply the Free Contracting Environment (ACL).
The auctions are scheduled for October 13 and 15, both at 2:30 p.m..
The first auction, set for October 13 provides for the purchase of 50% incentivized electric energy – production to take place over 15 years with supply during the period from 2023 to 2037, derived from wind and/or solar power projects. This bidding process is for companies which have generation projects under development, installation or in operation.
Conversely, the second auction, scheduled for October 15 involves the purchase of 50% incentivized electric energy- production to take place over 5 years with supply during the period from 2022 and 2026. To participate in the bidding, participants must be registered with the Electric Energy Trade Board (CCEE), in the energy trading company, generator, independent producer and self-producer model categories.
The process is to be held in an electronic environment through the intermediary of the Paradigma platform, and documents will be made available in the https://leilao.paradigmabs.com.br/engie website.
ABOUT ENGIE
ENGIE is a global reference in low-carbon energy and services. With its 97,000 employees, its customers, partners and stakeholders, the Group is committed to accelerate the transition towards a carbon-neutral world, through reduced energy consumption and more environmentally-friendly solutions. Inspired by its purpose (“raison d’être”), ENGIE reconciles economic performance with a positive impact on people and the planet, building on its key businesses (gas, renewable energy, services) to offer competitive solutions to its customers. Turnover in 2022: 82.6 billion Euros.
In Brazil, ENGIE, leader in 100% renewable power generation in the country, operates in generation, commercialization and transmission of electric power, gas transport and energy solutions. The Company
has in the country an installed capacity of 12,5 GW, originated from renewable sources and with low GHG emissions, such as hydro, solar and biomass power plants, and windfarms.
With the acquisition of Transportadora Associada de Gás – TAG, ENGIE now also owns the largest natural gas transportation network in the country, at 4,500 km and transecting 10 states and 191 cities.
The Group has a complete portfolio of integrated solutions focused on reducing costs and improving the infrastructure for companies and cities, such as energy efficiency, public lighting, energy monitoring and management.
With 2,800 employees, ENGIE’s turnover in Brazil in 2023 was of R$ 11.7 billion. ENGIE trades on the B3 through its energy generation and trading company, ENGIE Brasil Energia, under the ticker EGIE3. In addition to being a B3 Novo Mercado component, the Company is one of the very few companies that have been listed in the Business Sustainability Index since its creation in 2005. In 2021, ENGIE Brasil Energia was included in the Carbon-Efficient Index (ICO2), made up of IBrX 100 companies that are most transparent in terms of GHG emissions reporting and how they are preparing for a low-carbon economy.
The company also received in May 2024 the certification Great Place to Work, a recognition which validates the continuous commitment of the company to create a positive and inclusive work environment for all.
The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, Euronext 100, FTSE Euro 100, MSCI Europe) and non-financial indices (DJSI World, Euronext Vigeo Eiris – Europe 120/France 20, MSCI EMU ESG screened, MSCI EUROPE ESG Universal Select, Stoxx Europe 600 ESG-X).