07/30/2021 | Press release | Distributed by Public on 07/30/2021 07:42
ENGIE Brasil Energia was elected the best MidCap in the ranking of the Latin American electricity sector published by Institutional Investor magazine, an international publication which is a benchmark in the global financial sector. This award is one of the most respected in the capital markets, both in Brazil and abroad. The Company's CEO, Eduardo Sattamini, was rated in first place both in the Overall category as well as the MidCap. The Chief Financial Officer (CFO), Marcelo Malta, and the Investor Relations Manager, Rafael Bósio, were also included among the best executives in their areas of activity.
In all, ENGIE Brasil Energia was highly rated in 30 of the analyzed categories, ranking in 1st place in 11 of them: best CEO (chief executive officer), best IR professional (IR manager), best IR program and company with the best environmental, social and governance practices (ESG). Both in the Overall ranking as well as in the MidCap category, the company was also outstanding among the companies with the best CFOs, with Marcelo Malta, best IR teams and in Crisis Management when set against the background of the COVID-19 pandemic.
'To win all these nominations in the middle of such a challenging context as the one through which we have been living since 2020, is extremely relevant, since it recognizes the extraordinary efforts of our teams. The pandemic underlines the importance of acting in a socially responsible way not only as an organization but also as citizens and human beings. From the business perspective, it has borne witness to the resilience of our employees, strengthened our long-term partnerships and intensified digitalization, qualities which make us even more prepared to be protagonists both in a more sustainable present and future', declared Eduardo Sattamini, chief executive officer of ENGIE Brasil Energia.
As preparation of the annual ranking of Institutional Investor, the publication conducted a survey of approximately 500 financial managers and market analysts to establish the companies, CEOs, executives and Investor Relations and ESG practices with the best performance in Latin America. Among aspects analyzed are transparency and opening of information to the market, access to the leading executives, structured and constructive conferences and capacity to respond to outside demands.
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 10,791 MW from 72 power plants, which stands for about 6% of the country's capacity, the Company has nearly 90% 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 is also among the largest distributed photovoltaic generation companies and has a complete portfolio of integrated solutions focused on reducing costs and improving the infrastructure for companies and cities, such as energy efficiency, public lighting, energy monitoring and management. With 3,000 employees, ENGIE's turnover in Brazil in 2020 was R$ 13.3 billion.
Turnover in 2020: 55.8 billion Euros. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe) and non-financial indices (DJSI World, DJSI Europe and Euronext Vigeo Eiris - World 120, Eurozone 120, Europe 120, France 20, CAC 40 Governance).
ENGIE is the largest private power producer in the country, operating an installed capacity of 9,178.8 MW in 31 power plants throughout Brazil and accounting for about 6% of the country's capacity. The Group has 90% of its installed capacity in the country coming from clean, renewable sources and with low emissions of greenhouse gases, a status that has been reinforced by the construction of new wind farms in the Northeast and by one of the largest hydropower plants in Brazil, Jirau (3,750 MW). Located on the Madeira River, ENGIE holds a 40% stake in the operation.
The Group is also present in the solar distributed generation market and offers services related to power, engineering and integration of systems, working on the development of telecommunication and security systems, public lighting and urban mobility for smart cities, infrastructures and the oil & gas industry. With 2,100 employees, in 2017, ENGIE reported a turnover of R$ 7 billion in Brazil.