Awards WEG Contract to Supply Equipment for the Jaguara Hydropower Plant Expansion

ENGIE Brasil has awarded WEG a contract to supply the two new generating units that will increase the capacity of the Jaguara Hydropower Plant, located on the Rio Grande River, on the border between the states of Minas Gerais and São Paulo, in the municipality of Rifaina (São Paulo). The project is aligned with the Company's strategy of investing in high-performance assets powered by 100% clean energy and stems from its successful bid in the 2026 Capacity Reserve Auction held in March of this year.

The total planned investment of BRL 1.2 billion will increase the plant's installed capacity by 232 MW through the installation of two new generating units in existing shafts, each with an output of 116 MW. Commercial operation of the new turbines is expected to begin in 2030.

The Jaguara Hydropower Plant became part of ENGIE Brasil's portfolio in 2017. The facility currently has an installed capacity of 424 MW and a firm energy certificate (physical guarantee) of 324 average MW. The concession for the plant is valid through June 2048.

The expansion of the Jaguara Hydropower Plant highlights the strategic importance of hydropower in the energy transition, given its essential contribution to meeting peak electricity demand and ensuring Brazil's energy security.

"Jaguara is already a significant asset in our portfolio, and this expansion reinforces its role in providing flexibility, helping increase the reliability of the national power system while maximizing the use of existing infrastructure and delivering efficiency and sustainability gains," says Rogério Suematsu, Manager of the Jaguara Hydropower Plant.

WEG is a global technology and energy solutions company operating across power generation, transmission, distribution, and energy storage projects. Its portfolio includes hydro and steam turbines, generators, transformers, substations, automation systems, and battery energy storage solutions (BESS).

"WEG's participation in the Jaguara Hydropower Plant expansion demonstrates our ability to develop and deliver complete solutions for strategic projects in the power sector. By combining engineering, technology, manufacturing, and specialized services, we help enhance the efficiency and reliability of generation assets, supporting our customers in building an increasingly robust and sustainable energy matrix," emphasizes Paulo Leonardo da Silva Sinoti, WEG's Director of Energy Solutions and Services.

In parallel with the expansion project, the Jaguara Hydropower Plant is undergoing a comprehensive modernization program launched in July 2023. The works involve investments of more than BRL 500 million, of which approximately BRL 150 million has already been invested.

The project aims to extend the useful life of the facility while increasing its reliability and operational efficiency. The modernization includes upgrades to the plant's four existing generating units, while maintaining their total installed capacity of 424 MW. Completion of the modernization works is expected in 2029.

ENGIE is a major player in the energy transition, whose purpose is to accelerate the transition towards a carbon-neutral economy. With more than 90,000 employees in 30 countries, the Group covers the entire energy value chain, from production to infrastructures and sales. ENGIE combines complementary activities: renewable electricity and green gas production, flexibility assets (notably batteries), gas and electricity transmission and distribution networks, local energy infrastructures (heating and cooling networks) and the supply of energy to individuals, local authorities and businesses. Every year, ENGIE invests on average €12 billion per year to drive forward the energy transition and achieve its net-zero carbon goal by 2045.

Turnover in 2025: €71.9 billion. 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 Euro 100, MSCI Europe) and non-financial indices (DJSI World, Euronext Vigeo Eiris - Europe 120 / France 20, MSCI EMU ESG screened, MSCI EUROPE ESG Universal Select, Stoxx Europe 600 ESG-X).

In Brazil, ENGIE, one of the leaders in 100% renewable energy generation in the country, operates in generation, commercialization and transmission of electric power, gas transport and energy solutions. The Company has in the country an installed capacity of approximately 13 GW, originated from renewable sources and ow-greenhouse gas (GHG) emission sources, such as hydro, solar and biomass power plants, and windfarms.

With the acquisition of Transportadora Associada de Gás - TAG, completed in 2020, ENGIE now also owns the largest natural gas transportation network in the country, spanning 4,500 kilometers across 10 states and 191 municipalities. In addition, ENGIE offers a comprehensive portfolio of integrated solutions designed to reduce costs and emissions and improve infrastructure for companies, including compressed air, local solar self-generation, biogas and biomass, energy consulting and management, HVAC systems and substations. In cities, ENGIE acts as a partner to make urban spaces more efficient and sustainable, providing solutions such as public lighting, electric mobility and district cooling.

ENGIE trades on B3, Brazil's stock exchange, through its power generation and trading subsidiary, ENGIE Brasil Energia (EGIE3).. In addition to being part of B3's Novo Mercado, the Company has been one of the few firms continuously included in the Corporate Sustainability Index (ISE) since its inception in 2005. In 2021, ENGIE Brasil Energia was also included in the Carbon Efficient Index (ICO2), which comprises shares of companies in the IBrX 100 with greater transparency in reporting GHG emissions and in preparing for a low-carbon economy. The Company has also the certification Great Place to Work, a recognition which validates the continuous commitment to fostering a positive and inclusive work environment for all.