Golar LNG Limited ("Golar") announced that Golar Power Limited ("Golar Power"), a joint venture with Stonepeak Infrastructure Partners, has reached COD on the 1.5GW Porto de Sergipe I Power Project (the "Project"). On March 21Golar Power received its commercial operations certificate from ANEEL (Brazilian Electricity Regulatory Agency). This allows commercial operations to commence at the 1.5GW Sergipe power station. The first integrated LNG-to-power project in Brazil and the largest and most efficient thermal power station in Latin America, the Project also includes a dedicated LNG import and regasification terminal using the Golar Nanook, a newbuild FSRU with 170,000m3 of LNG storage capable of supplying more than 21.0 million m3 per day of natural gas. The project revolutionizes the way power is delivered to millions of people in Brazil, allowing the country to meet its growing requirement for base-load capacity using a large-scale power plant fuelled by cleaner and more reliable LNG. This important achievement will facilitate Brazil’s transition to lower-carbon energy generation sources whilst also promoting the use of LNG to balance and diversify its supply of energy.