Glossary

ACL
Free Contracting Environment (Free Market)

ACR
Regulated Contracting Environment (Regulated Market)

ANEEL
National Electric Energy Agency

ANP
National Petroleum, Natural Gas, and Biofuels Agency

CEO
Chief Executive Officer

CFO
Chief Financial Officer

CIF ARA
Coal Index

CO2
Carbon dioxide

EPC Agreement
Engineering, Procurement and Construction Agreement

CVM
Brazilian Securities and Exchange Commission

CVU
Unit Variable Cost

DRE
Income Statement

E&P
Exploration and Production

EBITDA
Earnings before interest, taxes, depreciation and amortization

EPE
Power Planning Company

GDP
Gross Domestic Product

GNL
Liquefied Natural Gas, in the Brazilian acronym

GW
Gigawatts

IBGE
Brazilian Geography and Statistics Institute

IFRS
International Accounting Standards

IPCA
Broad Consumer Price Index

IR
Investors Relations

KM2
Square kilometers

M3
cubic meters

MW
Megawatts

Nox
Generic representation of nitrogen oxides

O&M
Operation and Maintenance

PAD
Discovery Assessment Plan

PD
Development Plan

PDE
Expansion Ten Year Plan

PPA
Power Purchase Agreement

R2W
Reservoir to Wire

R&D
Research and Development

S&P
Standard & Poor’s

S.A.
Joint Stock Company

SIN
National Interconnected System

SPE
Special Purpose Company

TPP
Thermoelectric power plant