corporate profile - Tractebel Energia

Santa Catarina
Corporate
Profile
.1
1.
Corporate
Profile
1.1.
Tractebel Energia
Since 1998, Tractebel Energia has generated
and traded power by implementing and
operating power plants. Headquartered in
Florianópolis, Santa Catarina State and
operating nationwide, the Company is the
largest private generator in Brazil.
Tractebel Energia’s capital stock of R$2,445.8
million is composed of 652,742,192 common
shares regularly traded under the TBLE3
ticker symbol on the BM&FBovespa’s Novo
Mercado. Tractebel also has a Level 1 American
Depositary Receipts (ADR) program with ADRs
traded on the over-the-counter (OTC) market
of the New York Stock Exchange (NYSE) under
the TBLEY ticker symbol, where each ADR
corresponds to one common share.
Tractebel is controlled by GDF SUEZ Energy
Latin America Participações Ltda, which holds
68.71% of the Company’s capital stock and is
a subsidiary of the Franco-Belgian group GDF
SUEZ, the world’s largest power generator
with an installed capacity of over 118 GW and
operating throughout the power value chain,
both in exploration and production as well as
in transportation, distribution and trading of
electricity and natural gas.
1.2. Corporate
2.2
2.3
2.4
2.6
2.7
2.8
2.9
3.8
3.10
EU1
Structure
Tractebel Energia has direct control of the
following companies: Companhia Energética
Estreito, Companhia Energética São Salvador,
Lages Bioenergética Ltda., Tractebel Energias
Complementares
Participações
Ltda.
and Tractebel Energia Comercializadora
Ltda. Tractebel Energia Comercializadora
is responsible for intermediating and
operationalizing purchases, sales, imports and
exports of power on the free market.
The Company operates as a consortium
member in some power generation projects,
with the following interests:
»» 2.82% in Machadinho Energética S.A.
(Maesa) and 19.28% in Consórcio
Machadinho,
responsible
for
the
Machadinho Hydroeletric Power Plant (HPP);
»» At the Estreito HPP, operated by Companhia
Energética Estreito, Tractebel Energia holds
40.07% of Consórcio Estreito Energia
(Ceste); and
»» 72.90% in Consórcio Andrade, responsible
for the operation of the Ibitiúva
Bioenergética
Thermoelectric
Power
Plant, through indirect subsidiary Ibitiúva
Bioenergética S.A., of which Tractebel
Energias Complementares Participações
Ltda. holds 95% of the share capital.
In addition, with a 48.75% share, Tractebel has shared control of Itá Energética S.A. (Itasa). Itasa,
in turn, holds 60.5% of Consórcio Itá, for its part owner of the operating rights to the Itá HPP, in
which Tractebel also directly holds 39.5%. Adding its interests in Itasa and the Consortium, the
Company owns 68.99% of the Itá Hydroelectric Power Plant. The shared control of Itasa is governed
by a shareholders’ agreement and decisions of common interest at Consórcio Itá are made by a
management committee composed of four members, two of which represent Tractebel Energia, as
established in the Consortium Charter.
40.07%
Consórcio
Estreito Energia
99.99%
Companhia
Energética Estreito
95.00%
Ibitiúva
Bioenergética
Simplified Organization Chart
as at December 31, 2012
99.99%
Companhia
Energética São Salvador
99.99%
Tupan
89.06%
Energy Brasil
99.99%
Lages
Bioenergética
99.99%
Hidropower
99.12%
99.99%
68.71%
99.99%
Tractecbel
Comercializadora
99.99%
Areia Branca
Energy International
Energy Latin America
Participações Ltda.
99.99%
Tractebel Energias
Complementares
Sustainability Report | 2012
Tractebel Energia
48.75%
Itasa
Itá Energética S.A.
14
99.99%
Pedra do Sal
99.99%
Beberibe
60.00%
1
On December 4, 2012, Tractebel Energia’s Board of Directors approved a memorandum of understanding for
the extinction of Maesa, upon reversion of its assets to its shareholders in the proportion of their interests
and subsequent incorporation of these respective assets by the Company. At the same time, an Extraordinary
General Meeting was called for February 2013 to resolve on the matter.
2.82%
Maesa – Machadinho
Energética S.A.1
99.99%
Energias Eólicas
do Nordeste
1.3.
Generating complex
Considering the full capacity of the Estreito HPP, Tractebel Energia has proprietary installed capacity
of 6,909 MW in a generating complex composed of 22 plants, including hydroelectric, thermoelectric
and complementary plants, that is, small hydroelectric, wind and biomass plants, in 12 Brazilian
states across all five of the country’s regions. The Company operates all of these plants and wholly
owns 18 of them. Tractebel participates in the consortia that control the remaining four plants:
Itá, Machadinho, Estreito and Ibitiúva Bioenergética. The total installed capacity of the 22 plants
operated by Tractebel Energia is 8,630 MW. The key figures for these plants are presented on the
next page, by region.
On October 17, the Estreito HPP was officially inaugurated, with seven of
its eight generating units fully operational (and 97.3% assured energy). The
operational startup of the eighth generating unit was postponed to the
first half of 2013 as, on September 23, the circuit breaker of the main unit
required replacement.
GENERATION COMPLEX – SOUTHERN REGION
Hydroelectric Power Plant
Thermoelectric Power Plant
PR
Biomass Plant
10
11
1
Wind Farm
SC
4
9
2
8
Small Hydroelectric Power Plant
5 6 7
RS
3
4 – Itá HPP
1 - Passo Fundo HPP
Operational launch: 1973
Location: Entre Rios do Sul, Rio Grande do Sul State Passo Fundo River
Installed Capacity: 226.0 MW – two generation units of 113.0 MW
Commercial capacity: 119.0 average MW
Concession term: 2028
Certifications: NBR ISO 9001 and 14001 and BS OHSAS 18001
Sustainability Report | 2012
Tractebel Energia
5, 6 and 7 – Jorge Lacerda Thermoelectric
Complex Plants (UTLA, UTLB and UTLC)
Operational launch: 1968
Location: Alegrete, Rio Grande do Sul State
Energy source: fuel oil
Installed Capacity: 66.0 MW – two generation units of 33.0 MW
Commercial capacity: 21.1 average MW
Concession term: 2028
Certifications: NBR ISO 9001 and 14001 and BS OHSAS 18001
Operational launch: 1965
Location: Capivari de Baixo, Santa Catarina State
Energy source: coal
Installed Capacity:
»»
UTLA two generation units of 50.0 MW and two of
66.0 MW;
»»
UTLB: two units of 131.0 MW;
»»
UTLC: one unit of 363.0 MW.
Complex total Installed Capacity: 857.0 MW
Complex commercial capacity: 649.9 average MW
Concession term: 2028
Certifications: NBR ISO 9001 and 14001 and BS OHSAS 18001
3 – Charqueadas Thermoelectric Power Plant
8 – Lages Cogeneration Unit
2 – Alegrete Thermoelectric Power Plant
16
Operational launch: 2000
Location: between Itá, Santa Catarina State and Aratiba, Rio
Grande do Sul State, Uruguay River
Total Installed Capacity: 1,450.0 MW – five generation
units of 290.0 MW
Tractebel Installed Capacity: 1,126.9 MW
Tractebel commercial capacity: 544.2 average MW
Concession term: 2030 – conceded to Consórcio Itá,
composed of Tractebel (69.0%), Companhia Siderúrgica
Nacional (29.5%) and Cimento Itambé (1.5%)
Certifications: NBR ISO 9001 and 14001 and BS OHSAS 18001
Operational launch: 1962
Location: Charqueadas, Rio Grande do Sul State
Energy source: coal
Installed Capacity: 72.0 MW – four generation units
of 18.0 MW
Commercial capacity: 45.7 average MW
Concession term: 2028
Certifications: NBR ISO 9001 and 14001 and BS OHSAS 18001
Operational launch: 2003
Location: Lages, Santa Catarina State
Energy source: biomass – wood chips (from logging
companies’ timber waste)
Installed Capacity: 28.0 MW – one generation unit
Commercial capacity: 25.0 average MW
Operational authorization: 2032
Certifications: NBR ISO 9001 and 14001 and BS OHSAS 18001
9 – Machadinho HPP
Operational launch: 2002
Location: between Piratuba, Santa Catarina State and
Maximiliano de Almeida, Rio Grande do Sul State – Pelotas River
Total Installed Capacity: 1,140.0 MW – three generation
units of 380.0 MW
Tractebel Installed Capacity: 1,140.0 MW
Tractebel Energia commercial capacity: 147.2 average MW
Concession term: 2032 – conceded to Consórcio
Machadinho, composed of Machadinho Energética S.A.
(80.72%) and Tractebel Energia (19.28%)
Certifications: NBR ISO 9001 and 14001 and BS OHSAS 18001
10 – Salto Osório HPP
Operational launch: 1975
Location: between São Jorge d‘Oeste and Quedas do
Iguaçu, Paraná State – Iguazu River
Installed Capacity: 1,078.0 MW – four generation units of
182.0 MW and two of 175.0 MW
Commercial capacity: 522.0 average MW
Concession term: 2028
Certifications: NBR ISO 9001 and 14001 and BS OHSAS 18001
11 – Salto Santiago HPP
Operational launch: 1980
Location: between Rio Bonito do Iguaçu and Saudade do
Iguaçu, Parana State – Iguazu River
Installed Capacity: 1,420.0 MW – four generation units of
355.0 MW
Commercial capacity: 723.0 average MW
Concession term: 2028
Certifications: NBR ISO 9001 and 14001 and BS OHSAS 18001
GENERATION COMPLEX – SOUTHEASTERN REGION
GENERATION COMPLEX – MIDWESTERN REGION
Hydroelectric Power Plant
Thermoelectric Power Plant
Biomass Plant
MT
Wind Farm
MG
12
18
13
16
ES
SP
RJ
17
15
Small Hydroelectric Power Plant
GO
14
MS
16 – Rondópolis Small Hydroelectric
Power Plant
Operational launch: 2007
Location: Rondópolis, Mato Grosso State – Ribeirão Ponte
de Pedra River
Installed Capacity: 26.7 MW – three generation units of
8.9 MW
Commercial capacity: 14.0 average MW
Concession term: 2032
12 – Ibitiúva Bionergética Thermoelectric
Power Plant
Operational launch: 2010
Location: Pitangueiras, São Paulo State
Energy source: biomass - sugarcane bagasse
Total Installed Capacity: 33.0 MW – one generation unit
Tractebel Installed Capacity: 22.9 MW
Tractebel Energia commercial capacity: 13.9 MW
Concession term: 2030 – conceded to Consórcio Andrade, with
69.3% of its capital
13 - Areia Branca Small Hydroelectric Power Plant
Operational launch: 2010
Location: between Caratinga and Ipanema, Minas Gerais State –
Manhuaçu River
Installed Capacity: 19.8 MW – two generation units of 9.9 MW
Commercial capacity: 11.1 average MW
Concession term: 2030
14 – William Arjona Thermoelectric
Power Plant
Operational launch: 1999
Location: Campo Grande, Mato Grosso do Sul State
Energy source: natural gas and diesel
Installed Capacity: 190.0 MW – three generation units
of 40.0 MW and two of 35.0 MW
Commercial capacity: 136.1 average MW
Concession term: 2029
Certifications: NBR ISO 9001 and 14001 and BS OHSAS 18001
15 – Ponte de Pedra HPP
Operational launch: 2005
Location: between Itiquira, Mato Grosso State and
Sonora, Mato Grosso do Sul State – Correntes River
Installed Capacity: 176.1 MW – three generation units
of 58.7 MW
Commercial capacity: 131.6 average MW
Concession term: 2035
Certifications: NBR ISO 9001 and 14001 and BS OHSAS 18001
17 – José Gelazio da Rocha Small
Hydroelectric Power Plant
Operational launch: 2007
Location: Rondópolis, Mato Grosso State – Ribeirão
Ponte de Pedra River
Installed Capacity: 23.7 MW – three generation
units of 7.9 MW
Commercial capacity: 11.9 average MW
Concession term: 2032
18 – Cana Brava HPP
Operational launch: 2002
Location: between Cavalcante, Minaçu and Colinas do
Sul, Goiás State – Tocantins River
Installed Capacity: 450.0 MW – three generation units
of 150.0 MW
Commercial capacity: 273.5 average MW
Concession term: 2033
Certifications: NBR ISO 9001 and 14001 and BS OHSAS 18001
GENERATION COMPLEX – NORTHERN REGION
GENERATION COMPLEX – NORTHEASTERN REGION
RR
21
MA
AP
20
AM
22
CE
RN
PI
PB
PA
PE
AL
BA
AC
SE
RO
TO
19
19 – São Salvador HPP
Operational launch: 2009
Location: between São Salvador and Paranã, Tocantins State – Tocantins River
Installed Capacity: 243.2 MW – two generation units of 121.6 MW
Commercial capacity: 148.5 average MW
Concession term: 2037
Certifications: NBR ISO 9001 and 14001 and BS OHSAS 18001
20 – Estreito HPP
Operational launch: 2011 (at the end of 2012, seven of the eight
generation units were in operation).
Location: between Estreito, Maranhão State and Aguiarnópolis and
Palmeiras do Tocantins, Tocantins State – Tocantins River
Total Installed Capacity: 1,087.0 MW – eight generation units of 135.9 MW
Tractebel Installed Capacity: 435.6 MW
Tractebel Energia commercial capacity: 256.9 average MW
Concession term: 2037, conceded to Consórcio Estreito Energia (Ceste),
composed of Tractebel Energia (40.1%), Vale (30.0%), Alcoa Alumínio
(25.5%) and Camargo Corrêa (4.4%)
Sustainability Report | 2012
Tractebel Energia
21 – Pedra do Sal Wind Farm
18
Operational launch: 2008
Location: Parnaíba, Piauí State
Installed Capacity: 18.0 MW – 20 wind turbines of 0.9 MW
Commercial capacity: 7.8 average MW
Concession term: 2032
22 - Beberibe Wind Farm
Operational launch: 2008
Location: Beberibe, Ceará State
Installed Capacity: 25.6 MW – 32 wind turbines of 0.8 MW
Commercial capacity: 9.8 average MW
Concession term: 2033
Hydroelectric Power Plant
Thermoelectric Power Plant
Biomass Plant
Wind Farm
Small Hydroelectric Power Plant
1.4.
Expansion of the Generating complex
Throughout its history, Tractebel Energia has been implementing a consistent strategic expansion
planning in all regions of Brazil, diversifying both its energy matrix and participation in different
regional markets. The Company remains firm in its decision to continue expansion, especially
through renewable sources such as hydro, wind, biomass and solar power.
In addition to the October 17 inauguration of the Estreito HPP, works on the Trairi Wind Farm
Complex in Ceará State, with installed capacity of 115 MW, were ongoing in 2012 and are scheduled
for completion in 2013. However, the Piauí State wind farm project will undergo a re-evaluation of
its economic viability in 2013 due to licensing delays.
Proprietary Installed Capacity
(MW)
4,846
5,036
1998/ 2000
1999
2001
6,094
6,188
6,431
6,472
6,908 1 6,909 2
2002 2003 to 2007
2006
2008
2009
2010
2011
5,890
5,918
3,719
1
2
Considers the complete motorization of the Estreito Hydroelectric Power Plant
Considers increased stake in Ibitiúva Energética in 2012.
2012