SECURITIES AND EXCHANGE COMMISSION
CEP 04547-005 - Vila Olímpia, São Paulo – SP
Federative Republic of Brazil
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THREE NEW PROJECTS OF ENERGY GENERATION FROM
BIOMASS
São Paulo, March 23, 2010 – CPFL Energia S.A. (“CPFL Energia”) (BM&FBOVESPA: CPFE3 and NYSE: CPL), announces to the market that its new controlled companies CPFL Bio Buriti, CPFL Bio Ipê and CPFL Bio Pedra (companies constituted for the development of electric power generation projects from sugar cane bagasse) signed a partnership agreement with Grupo Pedra Agroindustrial, for the development of three projects for the generation of biomass.
The installed capacity totalizes 145 MW, with 50 MW for Bio Buriti Thermoelectric Plant, 25 MW for Bio Ipê Thermoelectric Plant and 70 MW for Bio Pedra Thermoelectric Plant. A total of 88.63 MW will be exported to CPFL (30.00 MW for Bio Buriti, 14.37 MW for Bio Ipê and 44.26 MW for Bio Pedra), during the harvest season.
The forecast for investments in the three projects is around R$ 366 million. The commercial startup of the Bio Buriti and Bio Ipê Thermoelectric Plants is scheduled for June 2011, and of the Bio Pedra Thermoelectric Plant for April 2012.
| CHARACTERISTICS | |||
| Plant Name | Buriti | Ipê | Pedra |
| Site | Buritizal/SP | Nova Independência/SP | Serrana/SP |
| Beggining of Construction | abr-10 | abr-10 | out-10 |
| Commercial Start-up | jun-11 | jun-11 | abr-12 |
| Total Investment (R$ million) | 135 | 26 | 205 |
| Installed Capacity (MW) | 50.00 | 25.00 | 70.00 |
| Energy Exported to CPFL during the harvest season (MW) | 30.00 | 14.37 | 44.26 |
| CPFL Assured Energy (annual average MW) | 21.02 | 8.19 | 24.42 |
Investor Relations
Phone: 55-19-3756-6083
Facsimile: 55-19-3756-6089
E-mail: ri@cpfl.com.br
Website: www.cpfl.com.br/ir
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CPFL ENERGIA S.A. | ||
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By: |
/S/ JOSÉ ANTONIO DE ALMEIDA FILIPPO
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| Name: Title: |
José Antonio de Almeida Filippo
Chief Financial Officer and Head of Investor Relations | |
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.