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STEAG Energy Services takes over the management of wind and hydroelectric power plants in Brazil

Essen-based STEAG Energy Services GmbH (SES) has announced further success on the Brazilian energy market. It has taken over all operation and maintenance contracts for wind farms and hydroelectric power stations from ENEX, a Brazilian subsidiary of the Norwegian company Statkraft. SES will take over all contracts between Statkraft and third parties, while Statkraft will continue to operate its own plants. The deal involves eight O&M contracts (260 MW) for small and medium-sized hydroelectric power plants and ten O&M contracts (849 MW) for wind farms. Around 80 employees will also be transferred to STEAG Energy Services do Brasil. Both partners have remained silent about the purchase price.

Dr. Ralf Schiele, Chairman of the Executive Board at SES, explained that this project is an excellent opportunity for SES to position itself not only in Brazil, but also on the international stage in the expanding segment of wind and hydroelectric power station management. SES has not previously been active in the operational management of hydroelectric power stations, and has only had selective involvement in managing wind power plants.

With a share of approximately 65 % in the energy mix, hydroelectric power is Brazil’s largest energy source by a significant margin. It is also still a growth sector, in particular in the area of small and medium-sized hydroelectric power plants. Brazil is also an important growth market for wind projects. The wind energy projects currently in operation, construction, and planning already accounts for 10.5 % of the total Brazilian energy mix. The capacity of wind farms in Brazil is set to double in the foreseeable future.

The acquisition of the O&M contracts will enable SES to considerably expand its service business in Brazil. In February 2016, STEAG Energy Services do Brasil Ltd. (SESBR)took over the management of a gas treatment plant owned by Parnaiba Gas Natural S.A. (PGN).

SES has experienced considerable success in the operational management of power stations around the world. It currently operates power stations in Spain, South America, Africa and India. The latest acquisition of services in Brazil means that the company is now responsible for managing the production of over 5,000 MW at a global level. (STEAG/Si.)