NEWS
RELEASE
WEG signs contract to supply wind turbines to the Santo Inácio
Wind Complex
Jaraguá do Sul, December 1, 2015 - WEG S.A. (Bovespa: WEGE3 / OTC: WEGZY)
has signed a contract with Aliança, to supply wind turbines, including operation and
maintenance services, for the Santo Inácio Wind Complex. Aliança is a Brazilian
company resulting from the partnership of Vale and Cemig to operate in the wind energy
market.
Located in Icapuí, in the State of Ceará, the Santo Inácio Wind Complex consists of four
generation farms totaling 98.7 MW in capacity, with the start-up of operations expected
for 2017.
According to Mr. João Paulo Silva, WEG’s Wind Power Managing Director "this supply
is an important step for WEG. We solidify the partnership with the Aliança and its
controlling shareholders, our customers in electric motors, transformers, and electric
panels”. Moreover, "unlike our other supplies in wind energy, Aliança will operate in the
electricity free market. Therefore, there is potential business outside the traditional
electricity auctions "explains Mr. Silva.
WEG was chosen after a rigorous exploration and selection process. According to Mr.
Flávio Novaes, Santo Inácio’s Wind Director, WEG was chosen by the strong tradition of
supplying electrical equipment and quality in the infrastructure and services supplies.
"We wanted to guarantee that the supplier will be present during the lifetime of the
project," adds Mr. Novaes. The Santo Inácio Complex is the first wind generation
investment by Aliança.
About WEG
Founded in 1961, WEG operates mainly in the sector of capital goods and is one of the
largest world manufacturers of electric-electronic equipment, having five main
businesses: Motors, Energy, Transmission and Distribution, Automation and Coatings.
WEG has manufacturing units in 11 countries and is present in more than 100 countries,
servicing all industrial segments, including oil and gas, mining, infrastructure, steel, pulp
and paper, renewable energy, among many others. With over 31 thousand employees,
WEG’s Net Revenues reached R$ 7.8 billion in 2014.
About Aliança
Brazilian company formed by Vale (55%) and Cemig (45%) with operations in the
generation market and electric power trading. It has seven hydroelectric projects totaling
1,158 MW, positioning Aliança among the ten largest private companies in electricity
generation in Brazil. For being a young company and with great ability to financial
leverage, there is great potential for growth through new projects or additions.
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NEWS
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For additional information, please contact:
Investor Relations
Luis Fernando Oliveira
(47) 3276-6367
Twitter: @weg_ir
luisfernando@weg.net
www.weg.net/ri
Corporate Communications
Andressa Cristina Pereira
(47) 3276-4295
Twitter: @weg_wr
andressa@weg.net
www.weg.net/br/Media-Center
Statements about Future Events
Certain statements herein contain projections or other forward-looking statements
regarding future events. Any such statements are subject to known and unknown risks
that may cause the actual results to be materially different from the expectations. Those
risks include, among others, changes in the future demand for the products of the
Company, changes in the factors that affect the domestic and international prices of the
products, changes in the cost structures, changes in the markets, changes in the prices
practiced by the competitors, exchange rate variations, changes in the political-economic
scenario in Brazil and in emerging and international markets.
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