2. Disclaimer
The material that follows is a presentation of general background information about MPX Energia S.A. and its subsidiaries
(collectively, “MPX” or the “Company”) as of the date of the presentation. It is information in summary form and does not purport
to be complete. No representation or warranty, express or implied, is made concerning, and no reliance should be placed on, the
accuracy, fairness, or completeness of this information.
This presentation may contain certain forward-looking statements and information relating to MPX that reflect the current views
and/or expectations of the Company and its management with respect to its performance, business and future events. Forward
looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future results,
performance or achievements, and may contain words like “may”, “plan”, “believe”, “anticipate”, “expect”, “envisages”, “will likely
result”, or any other words or phrases of similar meaning. Such statements are subject to a number of risks, uncertainties and
assumptions. We caution you that a number of important factors could cause actual results to differ materially from the plans,
objectives, expectations, estimates and intentions expressed in this presentation. In no event, neither the Company, any of its
affiliates, directors, officers, agents or employees nor any of the placement agents shall be liable before any third party (including
investors) for any investment or business decision made or action taken in reliance on the information and statements contained
in this presentation or for any consequential, special or similar damages.
This presentation does not constitute an offer, or invitation, or solicitation of an offer, to subscribe for or purchase any securities.
Neither this presentation nor anything contained herein shall form the basis of any contract or commitment whatsoever.
Recipients of this presentation are not to construe the contents of this summary as legal, tax or investment advice and recipients
should consult their own advisors in this regard.
The market and competitive position data, including market forecasts, used throughout this presentation were obtained from
internal surveys, market research, publicly available information and industry publications. Although we have no reason to believe
that any of this information or these reports are inaccurate in any material respect, we have not independently verified the
competitive position, market share, market size, market growth or other data provided by third parties or by industry or other
publications. MPX, the placement agents and the underwriters do not make any representation as to the accuracy of such
information.
This presentation and its contents are proprietary information and may not be reproduced or otherwise disseminated in whole or
in part without MPX’s prior written consent.
2
3. MPX Integrated Systems
MPX Port
Colombian Mines
MPX Itaqui
Energia Pecém
MPX Pecém II
MPX Parnaíba
Exploratory Blocks
Açu Regas (LNG)
MPX Açu Phase II
MPX Chile
MPX Açu Phase I
Colombia System MPX Sul
Seival Mine
Sul System
Parnaíba System
Sudeste System
3
4. MPX Colombia System
110 MM tons in certified
resources
0.7 Mty *
521 ha for MPX Port at 150 Km
from mines
2.0 Mty *
3 plants with energy sold in
regulated market
Guaranteed revenues of R$ 720 3.5 Mty *
M for 15 years
5.4 Mty **
2100 MW in Açu - Licensed
2100 MW in Chile – License
foreseen for 1H10
Mty: Estimated demand of coal (MM tons/year)
* 65% Dispatch
** 90% Dispatch
4
5. Mines and MPX Port
Caribbean Sea La Guajira
MPX Port Highway: 150 Km
Papayal
Underground mine Canaverales
San Benito
Venezuela
MPX Concessions Areas drilled Port
5
6. Papayal (Open-pit mine)
40 Boreholes
37 Positive
Legend
Drilled Without Coal
Drilled With Coal
Drilling With Coal
Drilling
Schedule Short Term
Scheduled
On January 14, 2010
7. Cañaverales (Open-pit mine)
94 Boreholes
73 Positive
Legend
Drilled Without Coal
Drilled With Coal
Drilling With Coal
Drilling
Schedule Short Term
Scheduled
On January 14. 2010
8. San Benito (Open-pit mine)
88 Boreholes
49 Positive
Legend
Drilled Without Coal
Drilled With Coal
Drilling With Coal
Drilling
Schedule Short Term
Scheduled
On January 14. 2010
9. San Juan El Molino (Underground mines)
3 Boreholes
3 Positive
Coal layers: up to 35
Cumulative thickness of
coal layers: up to 80 m .
Length NS: 15.5 km
Length EW: 3.5 km
Depth of first coal layer:
between 385 and 450 m
Legend
Drilled Without Coal
Drilled With Coal
Drilling With Coal
Drilling
Schedule Short Term On January 14. 2010
Scheduled
10. MPX Port
MPX Port
Land secured: 521 ha
Length of coastline: 2.8 Km
20-meter draft MPX Mines
Capacity to export up tp 20 Mty
150 Km from MPX mines
Capex: aprox U$ 200 million Bello Horizonte
10
11. Plants under construction in Brazil
Installed PPA Fixed
Energy Sold EPC Commercial
Capacity Start Revenues Financing
(avgMW) Progress** Operation Date
(MW) date (R$ MM)**
Energia Jan Jul 2011 (360 MW)
720 615 48% 479.9 BNDES/ BID
Pecém * 2012 Out 2011 (360 MW)
MPX Jan
360 276 33% 227.8 Jun 2012 BNDES
Pecém II 2013
MPX Jan
360 315 51% 253.2 Out 2011 BNDES/ BNB
Itaqui 2012
* Energia Pecém is a 50/50 between MPX Energia and EDP.
** In Dec/09
MPX Itaqui Energia Pecém MPX Pecém II
11
12. Consulting and O&M Strategic Partnership
Technical support for:
5th largest power generator
in Germany (7,500 MW pre-operational activities
capacity) project management, including
review of technical specifications and
2nd largest coal-fired EPC proposals
thermal power generator in commissioning and initial operation
Germany
analysis of operating problems
Personnel training and
Owns and/or operates coal
development
and gas fired plants in Turkey,
Philippines, Colombia, India, IT solutions for management,
Nigeria and Brazil (with more optimization and monitoring of
than 2,400 MW). power plant operation
12
13. MPX Açu TPP (2,100 MW)
Installation License for 2,100 MW
(imported coal TPP);
Proximity to Southeast load center;
Privileged logistics;
Synergies with Açu super port;
Energy Sale – Regulated and Free
Market.
13
14. MPX Castilla TPP (2,100 MW – Chile)
License (2,100 MW) foreseen 1H10;
Integrated project: TPP, Port and
Desalting ;
Port concession granted;
Potential strategic partnership;
Capacity PPA with fuel pass through.
14
15. MPX Sul System
Seival Mine and MPX Sul TPP (600 MW)
Location of Assets
Seival Mine
Partnership 70/30: MPX / Copelmi Aeródromo
BR-293
Operating License granted SEIVAL
Vila CEEE
152 MM tons in proven reserves
MPX Sul
459 MM tons in total resources BRAZIL
Seival Mine Ferrovia
Vila
Additional studies will increase total Joáo
Emílio
reserves
Arroio
UTE Seival Candiota
Projeto Aeródromo
MPX Sul (600 MW)
Ex-Projeto
Energy may be sold in Regulated and Rio Jaguarão Candiota III
CRM
Barragem II
Free Market Dario Lassance
UTE Pres. Médici
Coal demand: 4 Mty* Barragem I
EPC contract secured CRM CRM
Vila CEEE
Pedreira
de Calcário
CRM
Cimbagé
Mina de
Candiota Seiva
Rio Grande do Sul
* Assuming 80% dispatch rate
15
16. MPX Parnaíba System
Exploratory Blocks
7 onshore blocks;
MPX Parnaíba
Seismic campaign underway
High potential for natural gas exploration;
Potential negotiation of gas surplus to Exploratory Blocks
distributors;
Parnaíba TPP;
Licensing for 1,000 MW in process;
Combined and open cycle plants;
Energy Sale – Regulated and Free Market;
Strategic site acquired;
Proximity to 500 kV substation.
16
17. Exploratory Blocks and MPX Parnaíba TPP
Drilling Schedule
2010 2011 2012
1 5 1
Tcf boe
Total contingent resources* 1.7 303 MM
Risked prospective resources* 0.2 37 MM
* Certified by DeGolyer&MacNaughton
Ownership Structure
MPX Parnaíba
Site – Rio
30 Km
Exploratory Blocks
Site – SE
50 Km
* Subject to ANP approval
18. MPX Sudeste System
Licensing for a 3,300 MW
gas-fired plant in process
at Açu Super Port;
Regaseification terminal at
Açu Super Port;
Synergies with OGX
NG integrated projects;
Development of projects in
RJ, SP and ES;
Strategic site identification.
18
19. By the end of 2010, MPX will have a 10,000 MW
portfolio of licensed projects
Additional long-term PPAs (Regulated and Free Market)
Power
Development of new natural gas projects (RJ, SP e ES)
Installation License for MPX Sul TPP
Licensing Preliminary License for MPX Parnaíba and MPX Açu Phase 2 TPP
Environmental License for Castilla TPP, mines and port in Colombia
Wind energy portfolio (CE, RN e RJ)
Renewables
1st MW of Solar Energy in Brazil
10-year Business Plan for Colombia
Natural Resources 2nd Coal Resource and Reserve report
2nd well in Parnaíba Basin
Financing Final approval and disbursement of long-term financing for MPX Pecém II
19
