RIO DE JANEIRO, Brazil, Oct. 2 /PRNewswire-FirstCall/ -- MPX Energia S.A. (Bovespa: MPXE3) informs that the FX hedging of the US dollar denominated portion of the investment for the development of Porto do Pecem II TPP was concluded.
The resulting spot rate was 1.9213 R$/US$, thus lower than the assumption utilized in the Sept 30 A-5 auction bid financial assessment.
For further information, please access the company's IR website at http://www.mpx.com.br/ir
Sincerely,
Eduardo Karrer
CEO and Investor Relations Officer
Investor Relations Team
Flavia Heller
Investor Relations Manager
Daniel Haddad
Investor Relations Analyst
Phone: +55 (21) 2555-4244 / 4015
Fax: +55 (21) 2555-5630
About MPX - MPX is an EBX Group Company focused on the power sector, with a diversified generation portfolio, including coal and natural gas fired thermoelectric units and projects based on renewable sources, and also with a singular concept in the Brazilian electric sector, combining fuel supply activities, generation and commercialization of energy. Once in operation, these projects will generate close to 9.3 GW, of which 8.9 GW will belong directly to MPX.