NuPiauí Participações S.A. is the holding company organized for the development of projects in the north-eastern Brazilian State of Piauí. In conjunction with NuCapital’s local partners the company is advancing the two-phase development of an initial 90 megawatt wind park known as Parque Eólica NuAmarração Ltda. located on the coast near Luiz Correia. NuPiauí has been conducting wind measurements at the site since November 2008 and the initial results are encouraging, confirming the wind potential of the site. The long-term objectives include an expansion of NuAmarração to total of greater than 200 MW of installed capacity. NuPiauí first registered for participation in the Federal wind energy auctions hosted by ANEEL in November, 2009.