CTEEP - COMPANHIA DE TRANSMISSÃO DE ENERGIA ELÉTRICA PAULISTA

Publicly Held Company

Corporate Taxpayer ID (CNPJ/MF) 02.998.611/0001-04

Company Registry (NIRE): 35300170571

NOTICE TO THE MARKET

Installation License for Biguaçu project

CTEEP - Companhia de Transmissão de Energia Eletrica Paulista ("ISA CTEEP", "Company"), in continuity to the Notice to the Market published on January 4, 2021, informs that the Installation License ("LI") has been issued for the transmission lines of the subsidiary IE Biguaçu by the Environment Institute of Santa Catarina ("IMA").

Therefore, all licenses for this project have already been obtained.

IE Biguaçu was formed to execute the development of lot 01 of transmission auction #02/2018 held in June 2018. It is in the state of Santa Catarina and is formed by the implementation of a 300 MVA substation, the expansion of a substation, and the construction of a 57 km circuit transmission line, including aerial, submarine, and underground sections.

ANEEL investment is of BRL641 million, and the revenue ("RAP") is of BRL42 million for the 2020-2021 cycle. The deadline stipulated by ANEEL for the startup is September 2023.

The Company reiterates its commitment to creating value through projects that contribute to the expansion of the electricity transmission system in Brazil.

São Paulo, March 19, 2021.

Alessandro Gregori Filho

Chief Financial and Investor Relations Officer

Attachments

  • Original document
  • Permalink

Disclaimer

CTEEP - Companhia de Transmissão de Energia Elétrica Paulista published this content on 19 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 March 2021 12:08:08 UTC.