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• Design and construction of 738 km of electricity transmission lines connecting three Brazilian states;
• A contract worth around €150 million.
Located in the states of Minais Gerais, Paraná and Santa Catarina, they will boost the capacity of Brazil's electricity networks which are under heavy pressure from growing volume of renewable energies. This project will create more than 2,200 jobs.
With this new contract, Cobra Brasil (grupocobra.com.br) is currently in charge of building a total of 2,400 km of high-voltage lines in several Brazilian states.
Over the last twenty years, Cobra IS has built more than 30,000 km of high-voltage lines in Brazil under public-private partnerships.
About VINCI
VINCI (vinci.com) is a world leader in concessions, energy services and construction, employing 285,000 people in more than 120 countries. We design, finance, build and operate infrastructure and facilities that help improve daily life and mobility for all. Because we believe in all-round performance, we are committed to operating in an environmentally, socially responsible and ethical manner. And because our projects are in the public interest, we consider that reaching out to all our stakeholders and engaging in dialogue with them is essential in the conduct of our business activities. Based on that approach, VINCI’s ambition is to create long-term value for its customers, shareholders, employees, partners and society in general.
About ENGIE
ENGIE (engie.com.br), a leading renewable energy company in Brazil, operates in the generation, sale and transmission of electric energy, gas transportation and energy solutions. With its proprietary installed capacity of approximately 10 GW in 82 plants, which represents around 6% of domestic Brazilian capacity, the company has 100% of its installed capacity derived from renewable sources with low greenhouse gas (GHG) emissions, such as hydropower, wind, solar and biomass plants.
ENGIE also owns the most extensive natural gas transportation network in the country, with 4,500 km crossing 10 states and 191 municipalities, thanks to the acquisition of Transportadora Associada de Gás - TAG, completed in 2020.
In addition, ENGIE has a complete portfolio of integrated solutions for reducing costs, emissions and improving infrastructure for companies, such as compressed air, local solar energy self-production, biogas and biomass, consultancy and energy management, HVAC and substations. In the cities, we work as a partner to make urban spaces more efficient and sustainable, examples being solutions in public lighting, electrical mobility and district cooling.
With a headcount of 2,600, the Company reported a turnover in Brazil of R$ 11.7 billion in 2023.
ENGIE is represented on B3 through its energy generation and commercialization company, the stock market ticker of which is EGIE3. ENGIE is a component of B3’s Novo Mercado, as well as being one of the only component’s listed in the Corporate Sustainability Index since the inception of the ISE in 2005. In 2021, B3 included ENGIE’s shares in the Carbon Efficient Index (ICO2), comprising the stock of companies which are participants in the IBrX 100 and show greater transparency in the way they report their GHG emissions and how they are preparing for a low carbon economy.
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