Potential offtaker

Usiminas Siderurgicas de Minas Gerais

www.usiminas.com

Estimated electricity consumption

N/A

Countries of production presence

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Usinas Siderurgicas de Minas Gerais (Usiminas) is a Brazilian steel producer that was founded in 1956. The company is headquartered in Belo Horizonte, Brazil, and operates in the Steel Producers sector. Usiminas is a leading producer of flat steel products in Brazil and has a strong presence in the domestic and international markets.

Usiminas is committed to decarbonisation and reducing its carbon footprint. The company has implemented a number of initiatives to reduce its greenhouse gas emissions and increase its use of renewable energy. Usiminas has set a target to reduce its greenhouse gas emissions by 20% by 2025, compared to its 2018 baseline.

One of the key initiatives that Usiminas has implemented to reduce its greenhouse gas emissions is the use of renewable energy. The company has signed a corporate power purchase agreement (PPA) with a wind farm in the state of Bahia, Brazil. The PPA will provide Usiminas with 50 MW of renewable energy, which is equivalent to 25% of the company's total electricity consumption. The PPA will also help Usiminas to reduce its greenhouse gas emissions by 35,000 tons of CO2 per year.

Usiminas has also implemented a number of energy efficiency measures to reduce its energy consumption and greenhouse gas emissions. The company has invested in new technologies and equipment to improve the efficiency of its operations, such as the use of electric arc furnaces and the implementation of energy management systems.

In addition to its efforts to reduce its carbon footprint, Usiminas is also committed to corporate energy management. The company has implemented a number of initiatives to improve its energy efficiency and reduce its energy costs. Usiminas has invested in new technologies and equipment to improve the efficiency of its operations, such as the use of electric arc furnaces and the implementation of energy management systems.

Usiminas has also implemented a number of initiatives to increase the use of renewable energy in its operations. The company has signed a number of corporate PPAs with wind and solar farms in Brazil, which will provide it with renewable energy to power its operations. These initiatives will help Usiminas to reduce its energy costs and improve its sustainability performance.

In conclusion, Usinas Siderurgicas de Minas Gerais (Usiminas) is a leading Brazilian steel producer that is committed to decarbonisation and reducing its carbon footprint. The company has implemented a number of initiatives to reduce its greenhouse gas emissions and increase its use of renewable energy, including the use of corporate PPAs and energy efficiency measures. Usiminas is a leader in corporate energy management and is committed to improving its sustainability performance.

✓ Current offtaker under Corporate PPA's