The thermal, wind and biomass power projects that succeeded in the auction represent a total capacity of 535 MW.
The Group will build the 340 MW Pampa Sul thermal power plant, located in the South of Brazil.
The plant will be fuelled by mineral coal mined from local reserves and will use Circulating Fluidized Bed (CFB) technology. The energy from the plant will be sold through a 25-year Power Purchase Agreement.
The plant is expected to enter commercial operation in 2019. Tractebel Energia will invest approximately BRL 1.8 billion (570 million Euro) in the construction of the plant, which has a potential to increase its installed capacity to 680 MW in the future.
GDF SUEZ will also build 330 MW of the Campo Largo wind complex, located in the Northeast of Brazil. 180 MW will be sold through a 20-year Power Purchase Agreement.
An additional 150 MW will be constructed for energy sales into the free market. Commercial operation is expected in 2019 with an estimated total investment of BRL 1.7 billion (540 million Euro).
In addition, GDF SUEZ will expand the existing 65.5 MW Ferrari sugarcane biomass plant by 15 MW. The power from this extension will be sold through a 20-year Power Purchase Agreement. Tractebel Energia will invest circa BRL 85 million (27 million Euro) to expand and modernize the plant.
Gérard Mestrallet, Chairman and CEO of GDF SUEZ commented "These projects represent a good strategic fit for Brazil and are in line with GDF SUEZ strategy. The Pampa Sul thermal Power Plant will contribute to the security of supply in Brazil, particularly in times of drought when hydropower generation can be reduced. The Campo Largo and Ferrari projects will further diversify the Group’s power portfolio".
