Petrobras informs the start of the non-binding phase regarding the sale of four thermoelectric plants, three of which are located in Camaçari, in the state of Bahia and run on fuel oil (UTEs Polo Camaçari), and one bi-fuel (diesel or natural gas) located in Canoas, in the state of Rio Grande do Sul (UTE Canoas).

Potential investors qualified for this phase will receive instructions on the divestment process, including guidelines for the preparation and submission of non-binding proposals.

This disclosure is in accordance with Petrobras' guidelines for divestments and as a special asset divestment regime for federal mixed-capital companies, provided for in Decree 9.188 / 2017.

This operation is in line with the optimization of the portfolio and the improvement in the allocation of the company's capital, with a view to generating value for our shareholders.

About thermoelectric plants 

The Polo Camaçari TPPs are assets owned by Petrobras and include the Arembepe, Bahia 1 and Muricy plants, with a total installed capacity of 329 MW. The plants operate with fuel oil and have the possibility of conversion to natural gas operation.

UTE Canoas is an asset owned by Petrobras and has an installed capacity of 249 MW. The plant is bi-fuel (natural gas and diesel), and therefore has a potential operational gain with the expected expansion of the gas pipeline network and / or new regasification terminals.