Who we are

Tractebel Energia is the largest private sector electricity generating company in Brazil. With the start of its Brazilian operations in 1998 and following the acquisition of Gerasul, the Company focused on the installation and operation of energy generation plants. This included bidding for hydroelectric concessions at Federal Government sponsored auctions and via authorizations permitting the installation of thermoelectric power plants, small hydroelectric power units and wind and photovoltaic plants. GRI G4-3 G4-6 G4-7

The Company operates in the regulated market, consisting of energy distributors, and the free consumer (companies in the industrial sector) market and subdivided into two groups: conventional (for organizations where demand exceeds 3.0 MW) and incentivized energy (for companies with demand in excess of 0.5 MW, which acquire energy from alternative renewable sources, such as biomass, wind and from Small Hydroelectric Plants – SHPs). Tractebel also operates in the services area, offering commercialization of energy surpluses; representing consumers on the Electric Energy Trade Board (CCEE); and partnerships in energy self-production operations and in the development of generation and cogeneration projects fired from different energy sources. GRI G4-8

The Company has a capital stock of R$2,445.8 million. A total of 652,742,192 common shares is regularly traded on the BM&FBovespa. Tractebel Energia also trades Level I American Depositary Receipts (ADRs) in the United States over-the-counter market under the TBLEY symbol at a ratio of one ADR for every common share.

The Company also holds the following stakes in plant consortium concessions in its generator complex: (i) 19.28% in the Machadinho Consortium, the concessionaire for the Machadinho Hydroelectric Power Plant; (ii) 40.07% in the Estreito Energia Consortium (Ceste), which is responsible for the Estreito Hydroelectric Power Plant concession through Companhia Energética Estreito; and (iii) 72.90% in the Andrade Consortium, which is responsible for operating the Ibitiúva Bioenergética Thermal Power Plant through the indirect subsidiary, Ibitiúva Bioenergética S.A., where Tractebel Energias Complementares Participações Ltda holds 95.00% of the capital.

Tractebel Energia also holds a 48.75% stake in the shared control of Itá Energética S.A. (Itasa). Itasa, in turn, holds a 60.50% stake in the Itá Consortium, which operates the Itá Hydroelectric Power Plant concession and in which Tractebel Energia has a direct stake of 39.50%. Adding together its stakes in Itasa and in the Consortium, Tractebel Energia owns 68.99% of the Itá Hydroelectric Power Plant. Shared control of Itasa is governed by a shareholders’ agreement, and decisions of mutual interest to the Itá Consortium are adopted by a management committee comprising four members, two of whom are representatives of Tractebel Energia.

At the end of 2015, the Company reported an aggregate installed capacity of 7,044 MW, equivalent to 5.4% of total Brazilian capacity, and operated a generator complex of 8,765 MW. Consequently, in 2015, Tractebel Energia continued to rank as the largest private sector generator in the country. The Company’s generator complex is made up of 28 plants, nine of which are large or medium size, five conventional thermoelectric plants and 14 complementary plants: three small hydroelectric plants (SHPs), seven wind and three biomass plants and one solar photovoltaic plant. Tractebel Energia operates all these plants, 24 of them wholly-owned.