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.