EDP will invest US$2mn in substation expansion and modernization in Brazil

By EDP

This is a machine translation of the press release originally published in Portuguese. 

EDP, a company that operates in the energy transmission segment in Goiás, begins this month the expansion and modernization works of the Águas Lindas Substation, with an investment of R$ 10 million (US$2.13mn). The modernization should contribute to increase the reliability of the electrical system in eastern Goiás and boost economic activities in the region, including the generation of about 50 direct and indirect jobs with the works.

Altogether, the modernization of the Águas Lindas de Goiás substation should benefit around 300,000 people in three municipalities. The completion of the work and energization of the project are scheduled for December 2022. This is the second work started by EDP in Goiás in 2022. In March of this year, the Company had already announced the expansion and modernization of the Itapaci substation, with investment of R $50 million. By the end of 2023, the Company intends to invest R$ 200 million in the State in ten works, providing improvements to the region's energy infrastructure and economic development.

“We follow our commitment to contribute to the development of Goiás, with an investment plan to meet the energy needs of the State. We will maintain our standard of delivery, with anticipation whenever possible, and quality infrastructure always”, says Luiz Otavio Henriques, president of EDP in Goiás.

"More than being aligned with our growth strategy, which has the Transmission segment as one of the pillars, the works to expand and modernize the Itapaci and Águas Lindas substations reinforce the importance of maintaining the EDP quality standard in our facilities. With that, we guarantee a robust infrastructure so that energy reaches the population and companies of Goiás”, reinforces João Marques da Cruz, CEO of EDP in Brazil.

In April, the Company inaugurated the new headquarters of EDP Goiás, designed with a focus on the well-being of employees and based on elements of neuroarchitecture, a methodology that uses neuroscience applied to architecture. Concepts such as biophilia, for example, which prioritize the integration of nature into construction, in addition to creating environments with more natural lighting, were used. In all, there are more than 2,400m² with 83 workstations and five meeting rooms, in addition to support spaces such as changing rooms, places to foster creativity, among others.

Investments in Transmission

Since 2017, EDP has invested R$4.4 billion in transmission works and projects in the states of Santa Catarina, Rio Grande do Sul, São Paulo, Minas Gerais, Maranhão, Espírito Santo, Acre and Rondônia, reaching 2,616 kilometers of lines in your portfolio. In February, the Company took control of the former Celg Transmissão SA (Celg-T), which was renamed EDP Goiás and already has a new headquarters in the state, in addition to an estimated investment of R$ 200 million in expansion and modernization by 2023.

About EDP in Brazil

Present in the country for over 25 years, EDP is one of the largest private companies in the electricity sector operating throughout the value chain. With more than 10,000 direct and outsourced employees, the Company has businesses in Generation, Transmission, and Energy Services Solutions aimed at the B2B market, such as solar generation, electric mobility and the free energy market. In Distribution, it serves around 3.6 million customers in São Paulo and Espírito Santo, in addition to being the main shareholder of Celesc, in Santa Catarina. In 2021, it was elected for the second consecutive year the most innovative company in the electricity sector by the Valor Inovação ranking, by the Valor Econômico newspaper, and is a reference in ESG, occupying first place in the B3 Corporate Sustainability Index (ISE), in which it appears for 16 years.