Qair begins testing of four PV plants within the 439 MW Bom Jardim Solar Complex in Ceará, Brazil

Qair has commenced testing for four photovoltaic plants within the 439 MW Bom Jardim Solar Complex, located in Icó, Ceará, Brazil. This development stage activity is a critical step for the BRL 2.13 billion (~$0.4 billion) solar complex, moving the project closer to commercial operation. The initiation of testing for these PV plants validates the progress of the 439 MW solar capacity in Brazil's Ceará region. Qair, as an independent power producer, advances its core strategy by bringing this substantial renewable energy asset through its development phase. The $0.4 billion solar complex involves substantial capital deployment into Brazil's energy infrastructure. For Qair, an IPP focused on developing, financing, building, and operating renewable energy projects, the Bom Jardim complex directly enhances its diversified renewable energy portfolio. Companhia Hidro Elétrica do São Francisco (CHESF), the Recife-based power generation and transmission company, acts as a partner in this development. CHESF, which operates over 10 GW of hydropower capacity primarily in the São Francisco River basin, expands its generation mix beyond its traditional hydro assets through this solar involvement in Ceará. This collaboration allows CHESF to potentially integrate the new 439 MW solar output into its extensive transmission lines across Brazil, complementing its existing 10 GW hydropower operations.