History

Alupar Investment S.A. is a national private holding company that was established in 2007.

Between July and December 2007, Alupar implemented a corporative reorganization process, through acquisitions and investments, and became stockholder in the following electric power transmission companies, previously controlled by Holding Company: EATE, ECTE, ENTE, ERTE, ETEP, ETES, Lumitrans, STC, STN, Transirapé, Transleste and Transudeste, as well as special purpose companies in the sector of electric power generation as: Foz do Rio Claro, Ijuí, Queluz and Lavrinhas.

Later, Alupar acquired EBTE, ESDE, ETEM, ETVG, TME, TNE, ETSE, Ferreira Gomes and Energia dos Ventos in auctions held by Aneel between 2008 and 2011. Also in 2011, the Company acquired autorization to build the SHPP Morro Azul in Colombia.

In 2013, the Company sold energy in the ANEEL auctions of June and October 2013 for the small hydroelectric power plants Verde 08 and Antônio Dias, with 30.0 MW and 23 MW, respectively (the sold enery contracts were terminated on May 29, 2017); in addition to receiving the authorization to implement the La Virgen HPP, with 64 MW, in Peru.

In 2014, Alupar won the Lot C (ELTE) at the ANEEL Auction 001/2014, the granting of transmission assets.

In 2016, Alupar won Lots I (ETAP) and T (ETC) at the ANEEL Auction 13/2015, the granting of transmission assets. Also in 2016, Alupar won three Lots in the Transmission Auction Aneel 13/2015 – Stage 2, the Lots 2 (TPE) and 6 (TCC) and through its subsidiary EATE, the Lot 22 (ESTE). Bisedes that, also in 2016, Alupar won the bidding process UPME 07-2016 (TCE) through its controlled company Alupar Colombia.

In 2017, Alupar won Lot 19 (TSM) at the ANEEL Auction 05/2016, the granting of transmission assets. In addition, Alupar acquired equity interest in the Transmitter ETB and EDTE.

With such consolidation, Alupar holds a full amount of 7,736 km of transmission line distributed among 29 companies, and also 10 hydroelectric power plants with a total installed capacity of 588.3 MW in addition to a wind farm complex with five wind farms and a capacity of 98.7 MW.

In 2017, 25 of the 39 assets controlled by Alupar were in operation, 18 of which in the transmission segment, 6 in the hydroelectric generation segment and 1 in the wind generation segment. Note that all the transmission and generation assets in operation have been developed and implemented by Alupar, proving Alupar’s technical capacity in the development of greenfield projects.

Histórico

Histórico

Transmisison Assets

Below we show the evolution of the transmission assets of Alupar, proving the Company’s efficiency in preparing and conducting projects in the transmission segment.

Company Contract Signing Date Begin Operations Concession Expiration Total Line Extension % Alupar RAP‘s 50% Reduction Readjustment Index RAP / RBNI (2017-18)  R$MM
ETEP June 12, 01 August 25, 02 June 12, 31 323 km 50.02% Sep-17 IGP – M R$ 56.4
ENTE December 11, 02 February 12, 05 December 11, 32 464 km 50.01% Mar-20 IGP – M R$ 225.1
ERTE December 11, 02 September 15, 04 December 11, 32 179 km 50.01% Oct-19 IGP – M R$ 50.5
EATE June 12, 01 March 10, 03 June 12, 31 924 km 50.02% Mar-18 IGP – M R$ 354.3
ECTE November 1, 00 March 26, 02 November 1, 30 253 km 50.02% Apr-17 IGP – M R$ 47,5
STN February 18, 04 January 1, 06 February 18, 34 541 km 51.00% Feb-21 IGP – M R$ 180.1
TRANSLESTE February 18, 04 December 18, 05 February 18, 34 150 km 33.71% Jan-21 IGP – M R$ 40.8
TRANSUDESTE March 4, 05 February 23, 07 March 4, 35 140 km 33.71% Mar-22 IGP – M R$ 25.3
TRANSIRAPÉ March 15, 05 May 23, 07 March 15, 35 65 km 33.71% Jun-22 IGP – M R$ 33.1
STC April 27, 06 November 8, 07 April 27, 36 195 km 60.02% Dec-22 IPCA R$ 44.0
LUMITRANS February 18, 04 October 3, 07 February 18, 34 51 km 55.02% Nov-22 IGP – M R$ 26.6
ETES April 20, 07 December 12, 08 April 20, 37 107 km 100.00% Jan-24 IPCA R$ 14.1
EBTE October 16, 08 July 11, 11 October 16, 38 775 km 25.51% IPCA R$ 47.0
TME November 19, 09 November 22, 11 November 19, 39 348 km 46.00% IPCA R$ 50.1
ESDE November 19, 09 January 22, 14 November 19, 39 50.02% IPCA R$ 13.1
ETEM July 12, 10 December 16, 11 July 12, 40 235 km 62.79% IPCA R$ 12.5
ETVG December 23, 10 December 23, 12 December 23, 40 100.00% IPCA R$ 10.7
TNE January 25, 12 January 25, 42 715 km 51.00% IPCA R$ 147.5
ETSE May 10, 12 December 01, 14 May 10, 42 50.02% IPCA R$ 19.6
ELTE September 05, 14 September 05, 44 SE+40Km 100% IPCA R$ 35.6
ETAP September 02, 16 September 02, 46 SE+20 km 100% IPCA R$ 52.3
ETC September 02, 16 September 02, 46 100% IPCA R$ 30.3
TPE February 10, 17 February 10, 47 541 km 51% IPCA R$ 221.6
TCC February 10, 17 February 10, 47 288 km 51% IPCA R$ 150.7
ESTE February 10, 17 February 10, 17 236 km 50.02% IPCA R$ 104.3
TCE 2016 Lifetime 200 km 100% PPI R$ 73.1*
TSM August 08, 17 August 08, 47 330 km 51% IPCA R$ 101.3
ETB September 09, 16 September 09, 46 446 km 50% IPCA R$ 131.1
EDTE December 01, 2016 December 01, 2046 170 km 25% IPCA R$ 64.2
Total  7,736 km R$ 2,362.8
*USD 1/  3.25 BRL

 

Generation Assets

Below you will find a chart showing the evolution of installed capacity (MW) of the Company, evidencing Alupar‘s capacity in indentify and develop greenfield projects

Generation Assets Contract Signing Date Concession/ Authorization ANEEL Concession/ Authorization Expiration % Alupar Stake Begin Operations Installed Capacity – MW Assured Capacity – MW
HPP Foz do Rio Claro August 15, 06 005/2006 August 15, 41 69.83% August 05, 10 68.4 39.0
HPP São José – Ijuí August 15, 06 006/2006 August 15, 41 86.66% March 29, 11 51.0 30.4
SHPP Queluz April 7, 04 139/2004 April 6, 34 68.83% August 21, 11 30.0 21.4
SHPP Lavrinhas April 7, 04 138/2004 April 6, 34 64.19% September 3, 11 30.0 21.4
HPP Ferreira Gomes November 9, 10 002/2010 November 9, 45 99.99% November 4, 14 252.0 153.1
WPP Energia dos Ventos July 16, 12 007/2011 July 16, 47 99.99% March 02, 16 98.7 50.9
SHPP Morro Azul January 20, 09 Lifetime 99.97% September 10, 16 19.9 13.2
SHPP Verde 08 October 9, 12 06/2013 June, 44 100.0% Under Construction 30.0 18,7
HPP La Virgen October 07, 05 Lifetime 82.85% Under Construction 84.0 49.3
SHPP Agua Limpa July 17, 14 10/2013 July 17, 49 90.00% Under Construction 23.0 11.4
Total 687.0 408.8