Corporate Profile

Centrais Elétricas de Santa Catarina S.A. (CELESC) is one of the largest companies in the Brazilian electric sector, particularly in the areas of energy distribution and generation. Structured as a holding company in 2006, the Company has two wholly-owned subsidiaries – Celesc Geração S.A. and Celesc Distribuição S.A. In addition, it holds a controlling interest in Companhia de Gás de Santa Catarina (SCGÁS) and is a partner of the companies Dona Francisca Energética S.A. (DFESA), Empresa Catarinense de Transmissão de Energia S.A. (ECTE), Companhia Catarinense de Água e Saneamento (CASAN), e and the project of Usina Hidrelétrica Cubatão S.A.

Its majority shareholder is the State of Santa Catarina, which holds 50.2% of the Company’s ordinary shares, corresponding to 20.2% of the Capital Stock.

Celesc Distribuição S.A.

The company carries energy to more than 3.0 million consumer units located in 258 municipalities in Santa Catarina (92% of the state’s territory) and in Rio Negro, Paraná. The company is still responsible for the supply of electric power to the service of four concessionaires and 16 licensees, which operate in the other municipalities of Santa Catarina.

Celesc Distribuição is the second largest ICMS collector in Santa Catarina and the 6th largest Brazilian electricity distributor in supply revenue, the 7th in volume of distributed energy and the 10th in number of consumer units. On a monthly basis, the company distributes more than 1.8 million MWh and its annual gross sales reached the house of R $ 11.3 billion in 2017.

Celesc Geração S.A.

Celesc Geração is the subsidiary of the Celesc Group that operates in the electric power generation segment through the operation, maintenance and expansion of its own generation park and participation in power generation projects in partnerships with private investors.

On September 30, 2018, the company had its own generating plant made up of 12 plants, being 01 Small Hydroelectric Plant – SHP, 05 Hydroelectric Generating Plants – CGHs and 06 Hydroelectric Plants – UHEs. In addition, the company holds a minority interest in another 08 SHPs developed in partnership with private investors, in the format of Special Purpose Companies (SPE). Celesc Geração’s total generation capacity in operation in the period was 115.02 MW, with 106.97 MW referring to its own park and 8.05 MW referring to the generator set established with partners – already proportional to the Celesc Geração shareholding in these enterprises. The following table presents the main characteristics of the Celesc Generation 100%:

Own Generating Plants – Plants 100% from Celesc Geração S.A

Plants Location End of Concession Installed Potency (MW) Physical Warranty(MW) Physical Warranty
in Quotas
UHE Pery Curitibanos – SC 07/09/2047 30,00 14,08 100%
UHE Palmeiras Rio dos Cedros – SC 11/07/2046 24,60 16,70 70%
UHE Bracinho Schroeder – SC 11/07/2046 15,00 8,80 70%
UHE Garcia Angelina – SC 01/05/2046 8,92 7,10 70%
UHE Cedros Rio dos Cedros – SC 11/07/2046 8,40 6,75 70%
UHE Salto Blumenau – SC 11/07/2046 6,28 3,99 70%
SHP Celso Ramos Faxinal dos Guedes – SC 03/17/2035 5,62 3,80 N/A
SHP Caveiras Lages – SC * 3,83 2,77 N/A
CGH Ivo Silveira Campos Novos – SC * 2,60 2,03 N/A
CGH Rio do Peixe Videira – SC * 0,52 0,50 N/A
CGH Piraí Joinville – SC * 0,78 0,45 N/A
CGH São Lourenço Mafra – SC * 0,42 0,22 N/A
Total – MW 106,97 67,19

(*) Power plant of less than 5 MW is exempt from the concession act (Law 13.360 / 16).

In November 2015, Celesc Geração was the winner of the 12/2015 Auction, acquiring the concession for the 30-year concession of the LOTE C Hydroelectric Plants, where the Bracinho, Garcia, Cedros, Salto and Palm trees. According to the Notice to the Market of November 25, 2015, the aforementioned Auction was carried out by the National Electric Energy Agency (ANEEL), pursuant to Law No. 12,783, of January 11, 2013, as amended by Provisional Measure No. 688, of August 18, 2015, for the contracting of concessions of hydroelectric power plants in the allocation of quotas of their physical and power physical guarantee to the concessionaires and permission holders of public electricity distribution service of the National Interconnected System – SIN.

The company, as mentioned above, participates in Special Purpose Companies that enable new ventures in which Celesc Geração holds a minority interest. The following are the new projects that are already in operation:

Operating ventures – Celesc Geração S.A. holds minority interest

Power Plants Location End of Concession Term Installed Power (MW) Physical Warranty (MW) Celesc Generation Participation Equivalent Installed Power (MW) Equivalent Physical Warranty (MW)
SHP Rondinha Passos Maia/SC 10/05/2040 9,60 5,48 32,5% 3,12 1,78
SHP Prata Bandeirante/SC 05/05/2039 3,00 1,68 26,1% 0,78 0,44
SHP Belmonte Belmonte/SC 05/05/2039 3,60 1,84 26,1% 0,94 0,48
SHP Bandeirante Bandeirante/SC 05/05/2039 3,00 1,76 26,1% 0,78 0,46
SHP Xavantina Xanxerê/SC 04/07/2040 6,08 3,54 40,0% 2,43 1,42
SHP Garça Branca Anchieta/SC 03/13/2043 6,50 3,44 49,0% 3,19 1,69
Total – MW 31,78 17,74 11,24 6,26

O Planejamento Estratégico da Companhia prevê a valorização dos ativos atuais, por meio da repotenciação de suas usinas. Desta forma, as tabelas abaixo apresentam empreendimentos não operacionais e os respectivos estágios de desenvolvimento. Quanto à garantia física (nova ou incremental), a Companhia busca obter em média 55% de fator de capacidade da usina total após ampliação, padrão observado para outros empreendimentos em operação com características similares:

Power Plants Location End of Concession Term Installed Power (MW) Power Increase (MW) Final Power (MW) Expected start-up date STATUS
SHP Celso Ramos Faxinal dos Guedes/SC 03/17/2035 5,62 7,20 12,82 N/D Project Review
UHE Salto Blumenau/SC 11/07/2046 6,28 23,00 29,28 N/D** Basic Project Approves
CGH Caveiras Lages/SC * 3,83 10,00 13,83 N/D** Inventory Study
UHE Cedros Etapa 1 Rio dos Cedros/SC 11/07/2046 8,40 3,60 12,00 N/D** Inventory Study
UHE Cedros Etapa 2 Rio dos Cedros/SC 11/07/2046 12,00 1,00 13,00 N/D** Inventory Study
UHE Palmeiras Rio dos Cedros/SC 11/07/2046 24,60 0,75 25,35 N/D** Inventory Study
CGH Maruim*** São José/SC * 0,00 1,40 1,40 N/D Project Review
Total 48,73 46,95 95,68

 

Power Plants Location End of Concession Term Installed Power (MW) Celesc Generation Participation Equipment Installed Power (MW) Expected date of startup STATUS
SHP Painel São Joaquim/SC 18/03/2043 9,20 30,0% 2,76 N/D Project Review
SHP Campo Belo Campo Belo do Sul/SC 19/05/2044 9,95 20,4% 2,99 N/D Project Review
Total 19,15 5,75

All the plants of the own generating plant and all the plants in partnership in operation participate in the Mechanism of Reallocation of Energy – MRE, system of sharing of hydrological risks, in which the participating plants transfer the generated energy surplus to their physical guarantee to the plants that generated below.

In addition to the aforementioned projects, Celesc Geração holds a corporate interest in a transmission project, called EDP Transmissão Aliança SC, whose purpose is to implement lot 21 of Auction # 05/2016 of ANEEL, the third largest project offered in the auction, with investments estimated at R $ 1,121 billion. It is composed of several facilities in the state of Santa Catarina, as shown in the table below:

ORIGIN DESTINATION CIRCUIT EXTENSION (KM) TENSION (KM)
SE Abdson Batista SE Campos Novos CS 39,8 525
SE Siderópolis SE Abdon Batista CD 209,0 525
SE Biguaçu SE Siderópolis 2 CS 150,5 525
SE Siderópolis 2 SE Siderópolis CD 6,0 230
SE Siderópolis 2 SE Forquilinha CS 27,8 230

The facilities aim to expand the system of the southern and plateau region of the state of Santa Catarina and will also enable Celesc to connect its distribution system to the new structure in order to bring direct benefits to critical regions in the state’s energy system. The deadline for execution of the works is 60 months and the commercial start-up determined is for August 2022, with possibility of anticipation. The SPE was constituted in July 2017 and the Concession Agreement was signed in August of the same year. Currently the project is in the phase of environmental licensing and land management.

The table below summarizes the main information of the enterprise:

Transmitter Location Final Term of the Concession Km Line Substations Expected date of commissioning Status
EDP Transmissão Aliança SC Santa Catarina 11/08/2047 433,00 1 11/08/2022 Licenciamentos

Controlada

Companhia de Gás de Santa Catarina – SCGÁS

SCGÁS is the second largest gas distributor in the number of municipalities served in Brazil. Santa Catarina is the third state with the largest natural gas distribution network (1,144.04 kilometers) and the third with the largest number of industries served with natural gas (273), as well as having the third largest network of vehicular gas stations ( GNV) in the country (133).

With 100% of the concession to operate natural gas distribution services in the territory of Santa Catarina, the company markets and distributes approximately 1.9 million cubic meters of natural gas daily to approximately 13 thousand customers. SCGÁS has a concession agreement for the operation of piped gas distribution services, signed on March 28, 1994, with a term of 50 years (2044). Below is a chart of Celesc’s stake in SCGás being 51% of the common shares and 17% of the total share capital.

Demais Participações

Empresa Catarinense de Transmissão de Energia – ECTE

Founded with the specific purpose of exploring electric power transmission lines in the South, Southeast and coastal regions of Santa Catarina, the company is a concessionary of the LT SE Campos Novos – SE Blumenau, with a length of 252.5 km. The line is responsible for the transportation of approximately 20% of the assured energy to supply demand in the concession area of ​​Celesc Distribuição. In December 2011, the company acquired the right to build the Abdon Batista (525 / 230kV) and Gaspar (230 / 138kV) substations through the subsidiary Companhia de Transmissão Serrana S.A. – ETSE. These lines were energized in January and March 2015, respectively. The affiliate ECTE holds a power transmission concession contract dated November 1, 2000, with a term of 30 years. For its subsidiary ETSE, the concession contract for transmission of electric power is dated May 10, 2012, with a term of validity of 30 years. Celesc holds 30.88% of the Company’s capital stock, as shown below:

Dona Francisca Energética S.A – DFESA

An independent power producer, DFESA owns the Dona Francisca Hydroelectric Power Plant, built on the Jacuí River in Rio Grande do Sul, with an installed capacity of 125MW and assured power of 80MW. The venture was inaugurated in May 2001. The affiliate DFESA has a concession agreement dated August 28, 1998, with a term of 35 years. Celesc holds 23.03% of the company’s capital stock, as shown below:

Companhia Catarinense de Água e Saneamento – CASAN

CASAN’s role is to plan, execute, operate and operate drinking water supply and sanitation services in its (municipal) concession areas. Currently, the services provided by the company include 197 municipalities in Santa Catarina and 1 in Paraná, serving a population of 2.8 million consumers with treated water and 587 thousand with collection, treatment and final destination of sanitary sewage. Celesc holds 15.48% of the Company’s total share capital, as shown below:

Usina Hidrelétrica Cubatão S.A.
Specific Purpose Company established in 1996 for the implementation of the Cubatão Hydroelectric Power Plant, in the region of Joinville (SC), with installed capacity of 50MW. With the history of the environmental obstacles, rejection of the litigation for the concession period and consequent economic impracticability for the development of the project, the enterprise requested the regulatory body to amicably terminate Concession Agreement No. 04/1996 (ANEEL Case No. 48100.003800 / 1995 -89). Celesc holds 40% of the Company’s Capital Stock, as follows:


Updated on 17 December 2018.