Brazil - ENERGIMP’s investment in wind energy reaches R$ 3 billion

Located in the state of Ceará, Quixaba raises to 347 the number of MW in commercial operation in Brazil. In addition to the Quixaba Wind Farm, the Company is on schedule with its plan to bring an additional 117 MW by the first quarter of 2013 so that there will be 464 MW of installed capacity out of the 803 MW it has under contract. ENERGIMP has thus become the largest private company in the wind energy business in South America.

The 25 MW Quixaba Wind Farm, the first of eight wind farms of the Ceará II cluster, was financed by Caixa Econômica Federal with BNDES funds. The wind farm sits on 57 hectares and is equipped with seventeen 1.5 MW wind turbines made in Brazil by IMPSA at its modern production center in the state of Pernambuco. The state-of-the-art units, of which there are over 11 000 MW in operation around the world, are fitted with frequency converters and permanent magnets.

Juan Carlos Fernandez, VP of IMPSA Energy, stated that: “It is the company’s goal to invest in renewable energies to contribute to the growth and diversification of Brazil’s energy matrix so we keep our work on schedule in order to reach a total investment of R$ 5 billion by 2014. As we are aware of the importance of supporting this growth we use Brazilian-made machines and products to help promote the development of wind energy technology in the country.”

ENERGIMP is a major wind energy generator in Brazil with 30 wind farms in the country’s northeastern and southern regions.

ENERGIMP:

• A Brazilian company controlled by the IMPSA group and the FI-FGTS fund

• Independent power producer that develops, structures and administers renewable power purchase and sale agreements.

• A major wind energy generator in Latin America with Power Purchase and Sale Agreements signed for 800 MW, of which 347 MW are already in commercial operation and the rest are at different stages of development.