On December 16, 2016, a ceremony was held to commemorate the completion of construction on the Jirau Hydropower Plant (3,750MW) in Brazil, in which Mitsui & Co. possesses a 20% stake.
The ceremony was attended by many guests, including Brazil’s Minister of Mines and Energy Fernando Coelho Filho, CEO Wilson Ferreira of Brazil’s national power company Eletrobras, and the governor of State of Rondonia, the state in which the plant is located. Representatives from shareholders also attended, including Engie (formerly GDF Suez) Chairman Gérard Mestrallet.
Hydroelectric power comprises around 80% of power generated in Brazil and the Jirau plant is currently the country’s third largest hydropower plant, providing electricity for around 10 million people in major cities like São Paulo and Rio de Janeiro.
The plant adopts run-of-the-river type of hydropower, making use of the natural river flow for power generation. It also installs environmentally friendly measures, such as a fish transportation system, and is contributing to a stable supply of electricity for Brazil.