ENGIE begins installation of a Wind Complex in Rio Grande do Norte
ENGIE has signed an agreement with Siemens Gamesa for the supply of wind turbines with respect to the first phase of the Santo Agostinho Wind Complex, situated in the municipal districts of Lajes and Pedro Avelino, 120 km from Natal, the state capital of Rio Grande do Norte. The new unit will boost the Company’s renewable energy portfolio and increase supplies to the Free Energy Market.
The Santo Agostinho Wind Complex represents an estimated investment of about R$ 2.2 billion and should be responsible for the creation of approximately a thousand jobs in the region. It is expected that entry into commercial operations will take place by March 2023.
The new project underscores ENGIE’s growth strategy and enhances the Company’s position of its Brazilian energy generation output from renewable sources with low greenhouse gas emissions (GHG), these accounting for about 90% of the Company’s installed capacity in the country.
The first phase of the Santo Agostinho Wind Complex will have an installed capacity of 434 MW with the entire power output being directed to the Free Energy Market. The latter is reporting growth year after year in Brazil, closing 2019 with a volume of operations 6% up on 2018, representing turnover of R$ 134 billion. Again, it is a segment which already accounts for 30% of all electric power consumed in the country, based on Brazilian Energy Traders Association (Abraceel) data.
Three major projects with work in progress
In addition to the Santo Agostinho Wind Complex in the state of Rio Grande do Norte, ENGIE has three major projects with work in progress, important for Brazil’s development, and which will generate more than 10 thousand jobs. Two power transmission lines are under construction (Gralha Azul, in the state of Paraná, and Novo Estado, in the states of Pará and Tocantins), and a wind complex (Campo Largo 2 in the state of Bahia), operations at the latter expected to begin this month.
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).