Energias do Brasil finishes expansion of Mascarenhas dam

5 October 2006

Sao Paulo, Brazil, 05 Oct – Energias do Brasil, a Brazilian subsidiary of Portugal’s power company EDP – Energias de Portugal, Wednesday announced the conclusion of expansion works on the Mascarenhas dam, an investment of around 24 million euros.

The construction of the fourth turbine on the hydroelectric dam, located in the city of Baixo Guandu, in Espirito Santo state, will increase its capacity from 130.5 to 180 megawatts.

In September, Energias do Brasil announced the conclusion of the Peixe Angical dam, located in Tocantins state in northern Brazil, with a total production capacity of 452 megawatts.

Currently, the company is building the small Sao Joao dam, in Espirito Santo, with a capacity of 25 megawatts, which should go into production this year.

The Brazilian holding company is also investing 38.9 million euros in building the Santa Fé dam, also in Espirito Santo, with a 30 megawatt capacity, due to go into operation in 2009.

In another statement, Energias do Brasil said it was launching a website for its power trading company, Enertrade.

The site includes up to date information on Brazil’s free market for power, with tools to ease the decision-making process for companies that already use or wish to use the system.

In the first six months of 2006, Enertrade sold 3,503 gigawatt hours of power, an increase of 10.2 percent against the same period of 2005. (macauhub)