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Balance of obligations

Baseline date of 31/12/2019

Company

in BRL

Engie Brasil Energia S.A. 37.648.307
Companhia Energética Estreito S.A. 8.041.914
Companhia Energética Jaguara S.A. 3.465.741
Companhia Energética Miranda S.A. 2.282.937
Diamante Geração de Energia Ltda. 5.327.843
Usina Termelétrica Pampa Sul S.A 835.050

The Research & Development (R&D) Program constitutes a fundamental element in the strategy for promoting innovation. Aligned to the culture of open innovation, this Program works on the basis of partnerships with companies, universities and research institutions, according the principles enshrined in Law 9.991/2000, which requires an investment of 1% of annual net operating revenue in R&D. During the course of 2019, R$ 48.5 million was allocated to the Program as detailed below:

- R$ 19.4 million to the National Fund for Scientific and Technological Development (FNDCT);

- R$ 9.7 million to the Ministry of Mines and Energy (MME) for costs of the Energy Research Company (EPE);

- R$ 19.4 million for investments in R&D projects either new or in progress.

11 projects in progress received funding of R$ 14.1 million during the year, distributed across six different areas of research.

The Company and its subsidiaries closed the year 2019 with a total of R$ 57.6 million in cash for R&D.

Questions on the submission of new R&D projects may be sent to: ped.brenergia@engie.com

Projects completed in the year