Project History

2007

Oct10 – Presentation of the Consolidated Basic Project of Rodeio Bonito SHP for approval to the Superintendency of Hydric Generation of the Brazilian Electricity Regulatory Agency (ANEEL) for approval

Aug21 – Starting of construction works

Aug21 – Publication on Brazil’s Official Journal of ANEEL’s Authoritative Resolution nº 1.002

Aug20 – Signature of the contract between VELCAN and SETA Engenharia S/A for the execution of Rodeio Bonito construction works

Aug07 – ANEEL’s Authoritative Resolution nº 1.002 transferring to Velcan Desenvolvimento Energético do Brasil Ltda the authorization for the setting up and exploitation of Rodeio Bonito SHP

Jul04 -Publication on Brazil’s Official Journal of ANEEL’s Authoritative Resolution nº 955 of 12th June 2007, declaring that the land required for the construction of Rodeio Bonito SHP – located at the Municipality of Chapecó, State of Santa Catarina - is of public utility for matters of expropriation

Jun05 - Procurement of the Deforestation Authorization issued by the Environmental Foundation of Santa Catarina – FATMA (AuC nº 70/200)

Mai24 -Publication on Brazil’s Official Journal of the Installation Environmental License Renewal

March19 - Procurement of the Environmental Installation License Renewal nº 01/2007 issued by the Environmental Foundation of Santa Catarina – FATMA for a 36 month-period

Jan13 – Procurement (Obtention) of Environmental Installation License Extension for a 09 month-period, Paper nº 000392, issued by the Environmental Foundation of Santa Catarina – FATMA

2006

Nov16 –Signature of the contract transferring the rights of Rodeio Bonito to Velcan Brazil.