G20 Foundation Publications Turkey 2015 | Page 42

42 ENERGY ENGEBRA BRAZIL IS THE RESULT OF AN OPTIMISTIC VIEW, THOUGH CRITICAL ON THE FUTURE OF OUR COUNTRY A country of continental dimensions. Intriguing contrasts, chronic needs, historical challenges. It was there, right there, where many saw only a pile of stones, that we glimpse our cathedral: a vigorous Brazil, full of energy, where the contrasts would be sources of creative solutions; where the deficiencies would be the starting point to promote economic and social inclusion; where the challenges would be synonymous with opportunities. We could not predict the future of Brazil, but we could help create it It was in this setting and with this vision that ENGEBRA BRAZIL was born. As its founders, being working in the electricity supply market for almost two decades, we knew that future and development are part of the same process. And they both pass through the generation and power consumption. ENGEBRA SSC BRAZIL today - one Shared Services Center The company has its own headquarters in the city of Goiania, the state capital of Goiás - in the geographic heart of Brazil, 250 kilometers from Brasilia. As a Shared Services Center, it manages the other group companies, consolidating on its balance sheet the result from all of them. The financial activities, accounting, tax, human resources, information technology, in short, the whole structure is shared by the other companies, with the vision of best performance of the work. In this site is where the presidency of the company is. It is the chairman task to envision the strategic direction of all the Group’s businesses. ENGEBRA LLC (Limited Liability Company) - Delaware, United States is the holding of ENGEBRA BRAZIL SSC. Its goal is to raise funds abroad, with investors interested in energy projects in Brazil. IFP ENGEBRA - Infrastructure Fund for power generation, controlled by ENGEBRA BRAZIL SSC. Its goal is to open fundraising opportunities with institutional investors and consolidate the economic group within a corporate structure, with greater transparency and control. IFP ENGEBRA is the controller of the partner companies: UTE DAIA, CNE, CSE, FUEL STAR and ERFOX, all with expertise in the energy field. UTE DAIA - Thermal Power Plant Anapolis SA Located in DAIA - Agroindustrial District of Anápolis, State of Goiás, the company has a physical structure of 40,000 m2 and is in operational phase. UTE DAIA has the capacity to generate 44,3MW in average. Its mission is to generate and supply electricity to the National Interconnected System - NIS, serving a total of 27 power distributors nationwide. CENTRO NORTE ENERGY - CNE - (Mid North Energy) Biomass Energy Plant It is located in the municipality of Jaragua, State of Goiás, and is in the implementation phase. It is a project developed for power generation using biomass, with the generating capacity of 105 MW in average. It will have as byproduct the anhydrous and hydrated alcohol with a production of approximately 380 million gallons per year.