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Notice to the Market - Announcement of the closing of EDTE‘s 2nd issue of debentures


Transmissora Aliança de Energia Elétrica S.A. ("Taesa" or "Company") cohereby announces to its shareholders, the market in general and other interested parties that the long-term funding of its subsidiary EDTE - Empresa Diamantina de Transmissão de Energia S.A. ("EDTE") through the Issue of Simple Debentures, Not Convertible into Shares, in a Single Series, Unsecured, with Additional Fiduciary Guarantee, for Public Distribution with Restricted Efforts, under the provisions of Article 2 of Law 12431, of June 24, 2011, as amended ("Law 12431").

Characteristics of the Issue:

Issue: 2nd Issue
Date of the Issue: December 15, 2018
Volume of the Offer: R$ 315,000,000.00
Rate: NTNB28 + 0.50% (IPCA + 5.2939%)
Maturity: December 15, 2028
Remuneration: Every six months from June 2019 until the maturity date
. Grace period of 5 years and customized amortizations every six month
. 2.5%: 2023 | 11%: 2024 | 11.5%: 2025 | 12.2%: 2026 | 12.8%: 2027 and 50%: 2028

EDTE is a project under construction of lot M of the transmission auction Nr. 013/2015, carried out in April 2016, in which Taesa participates in partnership with its affiliate Empresa Norte de Transmissão de Energia S.A. ("ENTE") and Apollo 12 Participações S.A., in the proportion of 24.95%, 50.10% and 24.95%, respectively. EDTE has a total RAP of R$65.9 million for the 2018/2019 cycle and an ANEEL Capex of R$368 million. The project is located in the State of Bahia and will connect the concessions Interligação Elétrica Paraguaçu S.A. ("Paraguaçu") and Interligação Elétrica Aimorés S.A. ("Aimorés"), under construction, to the National Interconnected System (SIN).

Taesa strengthens its focus on implementing and delivering its 8 projects under construction, which total R$3.2 billion in investments and R$584 million in RAP (considering only the Taesa stake) and has been working on anticipating the delivery of some of these projects, seeking efficiency of Capex and financing, with the purpose of further leveraging the returns of these developments. As a result, the Company has been showing its commitment to sustainable growth, financial discipline, operational efficiency and generation of value to its shareholders.

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