According to Zaroni, Tractebel is analysingif the ceiling-price of R$117 ($77) per MWh for the next “reserve” tender isattractive enough for building the new project.

The Santa Mônica wind project is located inthe state of Ceará, near the 115MW Trairí wind complex that is being built bythe company.

Being close to the Trairí complex gives theSanto Mônica project important synergies when issuing its bid in the auctionprocess.