ENGIE begins commercial operations at the Serra do Assuruá Wind Complex, state of Bahia
The Serra do Assuruá Wind Complex, ENGIE Brasil Energia’s investment in the municipality of Gentio do Ouro, state of Bahia, is now operating commercially. The first
15 generator units began commercial operations this Tuesday, August 6 following authorization received from the National Electric Energy Agency (Aneel).
This initial commercial activity represents 8% of the total installed capacity. The Serra Assuruá Complex is to comprise 24 wind farms, with 188 wind turbines and a total installed capacity of 846 MW when complete.
“With a total investment of the order of R$ 6.0 billion and the creation of approximately 3,000 direct and indirect jobs, the startup in commercial operations of the first units at Serra do Assuruá is the result of a combination of the Company’s financial discipline and the capacity of execution of the projects”, said Eduardo Takamori, Chief Financial and Investor Relations Officer.
“The beginning of commercial operations ahead of schedule at Serra do Assuruá is a milestone in the implementation of one of the largest wind energy projects ever constructed in a single phase by the ENGIE Group in Brazil and the world, with conclusion expected before the end of 2025. We continue to deliver our growth strategy in renewable energy in Brazil as well as our commitment of creating value for shareholders and customers”, remarks Eduardo Sattamini, the Company’s Chief Executive Officer.
A project totally developed by ENGIE Brasil Energia, implementation of the Serra do Assuruá Wind Complex began in March 2023 and is a project totally developed by ENGIE Brasil Energia. This is the fourth wind complex in the state of Bahia where the Company already operates the Umburanas, Campo Largo 1 and Campo Largo 2 wind complexes commercially in the cities of Sento Sé and Umburanas, surpassing a combined 1 GW of installed power.
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).