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    EGIE3   BREGIEACNOR9

ENGIE BRASIL ENERGIA S.A.

(EGIE3)
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Delayed Bolsa de Valores de Sao Paulo  -  04:07 2022-11-30 pm EST
39.50 BRL   +0.53%
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Engie Brasil Energia S A : solution for Brasília Airport will supply Azul's aircraft with renewable energy

09/21/2022 | 02:50pm EST

ENGIE, a leading company in power generation 100% renewable in Brazil, has signed an agreement with Azul Linhas for supplying renewable energy to provide electricity and maintain air conditioning in the airline's aircraft when parked at Brasília Airport. This will replace the fossil fuel driven equipment used for this purpose until now. With this solution, there is a reduction in carbon emissions, making the airline as well as the terminal itself more sustainable.

The technology also reduces the consumption of aircraft kerosene and as a result, Azul's operating costs.

"The use of these solutions with renewable energy will be reflected in a significant reduction in greenhouse gas emissions. In addition, the solution offered will bring greater efficiency and safety to airport operations, reducing the movement of equipment across the area of the airport apron", explains the managing director of ENGIE Solutions in Brazil, Jacques-Olivier Klotz. "The reduction in the consumption of energy and lower emissions are in line with ENGIE's purpose of acting to accelerate the transition to a carbon neutral world. In addition to this, we help companies to be more sustainable and efficient, optimizing their electric energy costs", the executive concludes.

As a result of the contract with Azul, ENGIE now supplies all domestic airlines operating out of the airport in Brasília. The use of this solution with renewable energy is expected to bring a reduction of about 20 thousand tons in CO2 emissions every year according to company estimates, the equivalent of planting more than 120 thousand trees.

For Roberto Luiz, head of Aviation Business at Inframerica, Brasília Airport's operator, as well as the benefits of sustainability, the solution results in a considerable reduction in noise levels in the airport apron area. "As well as being less polluting, the electrical system is quieter. A further gain is significantly fewer obstacles on the tarmac of the parking area. The product we have today at the airport is a perfect combination for all: less equipment, noise and pollution, with greater efficiency, lower cost, and greater agility", he says.

The executive also notes that Brasília Airport is working to implement further clean energy solutions to the airport terminal: "We have built a photovoltaic plant at the airport with today 7% of all consumption at the terminal generated from solar panels", he adds.

"The culture of operational sustainability and efficiency is a constant in the daily activities of Azul. We are very happy with the results from our operational optimization processes so far and we continue to pursue the aim of being increasingly more efficient and sustainable. Many teams from various areas of Azul as well as our partners are working in conjunction to make our processes and flights increasingly more efficient in relation to fuel consumption", points out Daniel Tkacz, Vice President Operations at Azul.

In 2021, ENGIE equipped 22 jet bridges at Brasilia Airport using the same technology. The Company now hopes to be able to offer the renewable energy supply solution to other airport terminals in Brazil.

About ENGIE

Our group is a global reference in low-carbon energy and services. Together with our 170,000 employees, our customers, partners and stakeholders, we are committed to accelerate the transition towards a carbon-neutral world, through reduced energy consumption and more environmentally-friendly solutions. Inspired by our purpose ("raison d'être"), we reconcile economic performance with a positive impact on people and the planet, building on our key businesses (gas, renewable energy, services) to offer competitive solutions to our customers.

ENGIE is the largest private-sector power producer in Brazil, operating in generation, commercialization and transmission of electric power, gas transport and energy solutions. With an installed capacity of 10 GW from 69 power plants, which stands for about 6% of the country's capacity, the Company has nearly 97% of its installed capacity in the country from renewable sources and with low GHG emissions, such as hydro, solar and biomass power plants, and windfarms.

With the acquisition of TAG, ENGIE now also owns the largest natural gas transportation network in the country, at 4,500 km and transecting 10 states and 191 cities.

The Group also has a complete portfolio of integrated solutions focused on reducing costs and emissions and improving the infrastructure for companies, such as compressed air, local solar self-production, biogas and biomass, power management and consulting, HVAC and substations. ENGIE also acts as a partner for cities to make the urban spaces more efficient and sustainable, with public lighting, electric mobility and district cooling solutions. With 3,500 employees, ENGIE's turnover in Brazil in 2021 was R$ 13.5 billion.

The Group´s turnover in 2021 was of 57.9 billion Euros. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, Euronext 100, FTSE Eurotop 100, MSCI Europe) and non-financial indices (DJSI World, DJSI Europe, Euronext Vigeo Eiris - Eurozone 120/Europe 120/France 20, MSCI EMU ESG screened, MSCI Europe ESG Universal Select, Stoxx Europe 600 ESG, and Stoxx Global 1800 ESG).

Disclaimer

ENGIE Brasil Energia SA published this content on 21 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 September 2022 18:49:33 UTC.


© Publicnow 2022
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Sales 2022 11 552 M 2 199 M 2 199 M
Net income 2022 2 872 M 547 M 547 M
Net Debt 2022 16 299 M 3 102 M 3 102 M
P/E ratio 2022 10,6x
Yield 2022 8,33%
Capitalization 32 229 M 6 135 M 6 135 M
EV / Sales 2022 4,20x
EV / Sales 2023 4,21x
Nbr of Employees 1 216
Free-Float 31,3%
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Eduardo Antonio Gori Sattamini CEO & Investor Relations Officer
Marcelo Cardoso Malta Chief Financial Officer
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