Odebrecht Engenharia e Construção S.A. announces consent solicitation for approval, execution and delivery of Extrajudicial Reorganization Plan to implement restructuring transaction
São Paulo, June 15, 2020 - Odebrecht Engenharia e Construção S.A. (“OEC” and, together with certain of its subsidiaries the “Company”) is seeking approval (the “Consent Solicitation”) for the filing of an extrajudicial reorganization plan (the “Extrajudicial Reorganization Plan”) in Brazil to restructure the obligations of OEC, CNO S.A. (“CNO”, formerly known as Construtora Norberto Odebrecht S.A.) and OECI S.A.

With the conclusion of the 2nd Generation Unit, the thermoelectric plant now serves about 30% of the country's current energy demand, with a total generation capacity of 720 MW. The 1st Generation Unit of the Plant has been operating at full load (375 MW) since October 2019.