Glossary

INITIALS MEANINGS
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
R2W Research and Development
S&P Standard & Poor’s
S.A. Joint Stock Company
SIN National Interconnected System
SPE Special Purpose Company
TTP Thermoelectric power plant