Performance

Our five Discos provide power to about 15.3 million customers in the states of Bahia, Pernambuco, Rio Grande do Norte and Distrito Federal, and part of the states of Paraíba (one municipality), São Paulo (223 municipalities) and Mato Grosso do Sul (five municipalities), covering a population of more than 37 million people (Refers to dec’20).

We also operate in the transmission of electric power, which includes the operation and maintenance of transmission lines and substations with a voltage equal to or greater than 230 kV and which are part of SIN – National Interconnected System. The remuneration of these assets is made through an Permitted Annual Revenue Permitted (PAR) established by ANEEL and the result of the Transmission Auctions, which are paid by all SIN users. With the incorporation of Neoenergia Elektro, in August 2017, we added 578 km of new transmission lines to our electric grid and 10 transmission substations, one owned and nine shared, located in the states of Mato Grosso do Sul, São Paulo, Santa Catarina and Ceará, and which were sold at the Transmission Auction held by ANEEL in April 2017.

Still in 2017, Neoenergia was once again winner in Auction n. 002/2017 – ANEEL when it acquired two new concessions – Lots 4 and 6 – of electric power transmission, which together comprise 4 transmission lines (1,074 km) and 6 substations, one owned and five shared, located in the States of Tocantins, Piauí, Bahia, Ceará and Paraíba. In December 2018, at Auction n. 004/2018-ANEEL, in another successful participation Neoenergia won 4 new lots (1, 2, 3 and 14) corresponding more than 2,500 km in length.

In the Auction for the Concession of Transmission Public Service of electric power n. 02/2019 – held on December 19, 2019 – Neoenergia won lot 9, located in Bahia, which comprises 1 transmission line of 210 km and 2 substations. The maximum term for the construction of the works is 48 months as of the signing of the contract. The total capex estimated by the regulator is around R$ 303 million and the RAP is R$ 18 million.
Neoenergia purchased in December 2020, in the Transmission Auction n 01/2020 promoted by ANEEL, lot 2, which comprises three 500 kV transmission lines, one 230 kV transmission line, a new 500 kV substation, Medeiros Neto, with synchronous compensation in Bahia, amounting to 1,091 km in length, mostly covering Bahia, in addition to Minas Gerais and Espírito Santo. Aneel’s estimated Capex is R$ 2 billion and the RAP is R$ 160 million (adjusted annually by IPCA).

In December 2020, the company has in operation Afluente T, Narandiba, Potiguar Sul, Atibaia, Biguaçu, Sobral and Dourados (3 of the 5 lots delivered), 1,038 km of transmission lines and 9 transmission substations located in the States of Bahia, Paraíba, Rio Grande do Norte, Mato Grosso do Sul, São Paulo, Santa Catarina and Ceará. Under construction, we have 6,000 km of transmission lines and 13 substations.

Thus, among assets in operation and under construction, we have a total portfolio of 7,038 km of transmission lines and 23 transmission substations, totaling more than R$ 1 Billion of RAP.

We operate in both conventional and renewable energy generation. Our business has 4 GW in generation, 88% (3.5 GW) of renewable energy, and is implementing another 1 GW with the construction of new wind farms. The hydroelectric generation is owned by the Teles Pires, Itapebi, Dardanelos, Baguari, Corumbá III, Baixo Iguaçu and Belo Monte plants and the wind generation is owned by 17 wind farms in operation.

We also have a conventional combined cycle gas-fired power plant, the Termopernambuco thermoelectric plant (Termope), located in the State of Pernambuco, with 0.5 GW of installed capacity in operation, which has an energy supply contract (PPA – Purchase Power Agreement) of 455 MWaverage, valid until December 2023.

Under construction, we have an installed capacity of 1,187 MW, of which 1,038 MW through 27 wind farms (Complex de Chafariz with 15 parks and a total of 471.2 MW and Complex de Oitis with 12 parks and 566.5 MW) and 149 MWdc through the construction of the Luzia II and III solar parks.

Neoenergia Group offers a diversified portfolio of energy products and solutions for a broad range of customers, through its subsidiary Neoenergia Comercialização.

The company has started its activities under the name of NC Energia in 2001, developing customized solutions intended to the free energy market – an environment where companies may choose their suppliers and freely trade volumes and prices of electric energy.

With Neoenergia Elektro absorption, in 2017, Elektro Comercializadora has joined the group, and the company was renamed as Neoenergia Comercialização. The merger has added to Neoenergia around 119 MW average to the company’s portfolio, in 2018, and incorporated the segments of Photovoltaic Distributed Generation and Engineering and Construction into the Group’s portfolio.

In the Distribute Generation segment, the company operates in the integration of solar energy systems to micro- and mini-generation, from the project design to the structure installation and solar plant commissioning, creating sustainable solutions for residential, commercial and industrial customers.

In the area of Engineering and Construction, the trader operates in all steps related to energy infrastructure of projects, such as the construction of substations and transmission lines. The company works from the project design to the final stages of works and construction management.

Neoenergia Comercialização also provides specializing service to the various market segments, including further services related to the management and trading of electric energy.