Brasil PCH

Brasil PCH
www.brasilpch.com.br

In 2006, BSB Energética and Araguaia Centrais Elétricas became partners with Brasil PCH, a holding company which manages 13 Small Hydroelectric Plants (PCHs) in the Southeast and Central-west regions of Brazil.

Brasil PCH is a joint venture between Petrobrás S.A., BSB Energética S.A., Araguaia Centrais Elétricas S.A., Eletroriver S.A. and Jobelpa S.A. for the construction and management of thirteen Small Hydroelectric Plants (PCHs) on the states of Goiás, Minas Gerais, Rio de Janeiro and Espírito Santo.

The total of the energy generated by the plants - 291 Megawatts - is fully distributed by Eletrobrás - Centrais Elétricas Brasileiras S.A.. This venture is part of the Programa de Incentivo às Fontes Alternativas de Energia - Proinfa (Incentive Program for Alternate Sources of Energy), created by the Ministério de Minas e Energia (Ministry of Mining and Energy) to increase and diversify the energy matrix of the country through a larger contribution of three alternate sources - Small Hydroelectric Plants, wind power and biomass.

In 2013 Cemig - Companhia Energética de Minas Gerais, through their subsidiary Chipley SP Participações S.A., acquired shares from Petrobrás and Jobelpa, taking over Brazil PCH, and Eletroriver S.A. acquired shares from Araguaia Centrais Elétricas S.A., resulting in the share distribution seen below: