Overview

• The company filed the plan with Brazil’s CVM, formally setting the expansion program in motion.
• About R$900 million funds a new park to build large rotating electrical equipment, including synchronous compensators up to 330 MVAr and turbogenerators up to 200 MVA.
• The project expands service capability for motors, generators and hydraulic turbines up to 300 MVA.
• Another R$160 million enlarges the Jaraguá do Sul Energy unit by roughly 11,250 square meters to meet organic demand and increase efficiency.
• WEG projects about 1,000 direct jobs, with location criteria emphasizing access to BR-101, BR-280 and nearby Santa Catarina ports.