Send us Feedback

Petrobras (PBR)
Analysis
SUMMARY
BULLS
BEARS
TOPICS
Data
DATA CENTRAL
STOCK CHART
Financials
SEC FILINGS
BALANCE
INCOME
CASH FLOW

PBR » Topics » 20.6. Rental of the Thermoelectric Power Station - UTE Petrolina Ltda

This excerpt taken from the PBR 6-K filed Aug 21, 2007.

20.6. Rental of the Thermoelectric Power Station – UTE Petrolina Ltda

On April 26,2007, Petrobras and the Companhia Energética de Petrolina signed two rental and services contracts. The first contract refers to the rental of the UTE (Thermoelectric Power Station) Petrolina, a fuel-oil powered thermoelectric power station, located in the municipality of Petrolina in the state of Pernambuco, with an installed power generation capacity of 128 MW, effective until December 31,2008. The second contract refers to the operation and maintenance service of the UTE Petrolina, in force until December 31,2008, or until the end of rental contract, whichever occurs first.

For the two contracts, a monthly sum will be charged of R$ 19,30 per MWh multiplied by the reference power ( 128 MW ) plus a variable sum of R$ 4,30 per MWh, for the power actually generated.

The lease agreement has been suspended due to failure to comply with all the suspensive conditions.

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki