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Ecom Energia to sign a purchase agreement with Braskem

April 01/2011

(Braskem) -- Ecom Energia, the largest independent energy trader in Brazil has signed a long-term power purchase agreement with Braskem, the largest thermoplastic resin producer in the Americas. "Our main advantage that helped us close the deal with Braskem was the certification of our energy balance. Agreements with durations longer than six months receive a certification issued by PricewaterhouseCoopers that guarantees that the power sold by Ecom is available in our portfolio," said Paulo Toledo, managing partner at Ecom Energia.

He also added that "it is very important to be recognized by a company like Braskem." The agreement ratifies the ethical conduct and commitment before clients and suppliers. The commitment, flexibility and solid experience of its management also was a factor in winning the contract.

According to Andre Gohn, Braskems Energy Director, "this agreement increases the competitiveness of our portfolio and is aligned with our risk management and growth strategy."

Ecom has already reached the mark of more than 570 MW average of power sold to free consumers and market agents, which is sufficient to supply to a city with a population of 2.9 million people. Revenue in 2010 surpassed USD 430 million, for growth of over 100% from 2009.

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