MMGD-distributed

Órigo Energia

Belo Horizonte, MG · Brasil·Private·Modern distributed (2018+)
CNPJ · (per-SPV — Órigo is the brand; EBES SISTEMAS DE ENERGIA SA is the formal legal entity at CNPJ root 12194903; two additional CNPJ roots 36402848 + 36041003 carry sister consortia.)
Last verified: 29/07/2026 13:35 BRT
Tier 2 · third-party data with consent
Methodology CRIOS-v3.3-modeled
Net avoided emissions — credited at ownership share
104,424tCO₂ / year
Coverage
45.2% of the publicly disclosed portfolio
Basis
MCTI Combined Margin 0.3271 tCO₂/MWh applied to verified generation

Data completeness · Substantial coverage

45.2% coverage
203.2 of 450 MWp DC matched(~162.6 of ~360 MW AC equivalent)
137 installations matched
Source: I Squared Capital December 2024 commitment release: 'nearly 450 Megawatts-peak (MWp) as of December 2024, serving over 130,000 clients'. Distinguished from Órigo's 1.6 GWp+ ready-to-build pipeline (operational, not pipeline). See notebook 22 §3.
Recent commissionings or untracked subsidiaries
Path to full coverage: Phase 4: RFB ingestion will surface remaining capacity

Value at stake (indicative)

Verified avoided tCO₂/yr translated to USD. Headline anchor is the Brazilian voluntary market — the realistic near-term transactable price. International voluntary tier shown alongside; compliance markets shown for context only (not currently accessible to Brazilian renewable credits).

Primary anchor · Brazilian voluntary market
Realistic near-term transactable price for Brazilian RE credits.
ScopeI-REC BRRange
Verified portfolio
Órigo Energia · annualized.
104,424 tCO₂/yr
$470k$731k$470k$731k
/ yr
International voluntary · upside potential
Quality-tier dependent. Karbera credits do not carry Verra/Gold Standard registry conformance; pricing toward the lower end pending standard adoption.
ScopeVerraGold StandardRange
Verified portfolio
Órigo Energia · annualized.
104,424 tCO₂/yr
$470k$835k$522k$1.3M$470k$1.3M
/ yr
Reference benchmarks · compliance markets (context only)
Not currently accessible to Brazilian renewable credits. Shown so the order-of-magnitude is transparent — not in the headline.
ScopeRGGIEU ETS
Verified portfolio
Órigo Energia · annualized.
104,424 tCO₂/yr
$2.3M$3.7M$7.9M$11M
Future · price discovery pending
SBCE phasing in 2025-2031; obligated-sector trading not yet active.
ScopeSBCE
Verified portfolio
Órigo Energia · annualized.
104,424 tCO₂/yr
TBD — phasing in 2025-2031

Indicative values across reference carbon markets (USD/tCO₂, sourced per entry below). Not a price quote and not investment advice. Realized prices depend on vintage, registry, project type, additionality assessment, and counterparty. Markets shown are not interchangeable. EU ETS spot is sourced from Trading Economics as a reference redisplay of ICE EUA settlement; canonical reconciliation against DEHST quarterly auction reports is recorded in the EU ETS entry's canonical_reconciliation block.

Indicative value

This quantity of avoided CO₂, priced at published market ranges:

Voluntary market (addressable today)
US$ 470k–1.3MR$ 2.4M–6.4M· PTAX 5.12 · 2026-07-29

Band US$ 4.5012.00/tCO₂ · Verra VCS RE · Gold Standard RE · Brazilian voluntary I-REC · 2026-Q1. FX: Banco Central do Brasil — PTAX (Olinda API, CotacaoDolarPeriodo).

Upside pathway · SBCE compliance market (Lei 15.042/2024, phasing 2025–2031)

No established price exists yet — price forms when the market opens. Regulated-market prices globally run above voluntary prices (see Markets). Karbera shows no number here rather than borrowing one from a market this credit cannot access.

Indicative value of this quantity of avoided CO₂ at published market ranges — not a quote, not an offer, not a valuation of this asset or a return projection. Realized value requires verification, minting, and a buyer. CRIOS tokens are not offered for sale; none are minted.

Verified CO₂ (annual)
104,424tCO₂e
Installations matched
141UCs
Capacity (matched)
205.9MWp DC
~164.8 MW AC equivalent
Dominant tier
ModeledCRIOS-v3.3-modeled

Installations(141/141)

InstallationLocationCapacityProduction (MWh/yr)Loss gross-upAttributionTiertCO₂/yr
GD.MG.000.576.849
COOPERATIVA ORIGO GERACAO DISTRIBUIDA
Porteirinha · MG
CEMIG DISTRIBUICAO S.A
4,200 kWp DC6,255×1.09963inferredModeled2249.7
GD.MG.002.053.240
COOPERATIVA ORIGO GERACAO DISTRIBUIDA
Uberlândia · MG
CEMIG DISTRIBUICAO S.A
3,300 kWp DC4,914×1.09963inferredModeled1767.6
GD.MG.000.332.485
COOPERATIVA ORIGO GERACAO DISTRIBUIDA
Francisco Sá · MG
CEMIG DISTRIBUICAO S.A
3,247.2 kWp DC4,836×1.09963inferredModeled1739.4
GD.MG.000.332.494
CONSORCIO ORIGO ENERGIA SERRA DO CIPO
Santana do Paraíso · MG
CEMIG DISTRIBUICAO S.A
1,000 kWp DC3,942×1.09963inferredModeled1417.9
GD.DF.002.396.561
COOPERATIVA ORIGO GERACAO DISTRIBUIDA COGD
Brasília · DF
NEOENERGIA DISTRIBUICAO BRASILIA S.A.
2,500 kWp DC3,942×1.06838inferredModeled1377.6
GD.MG.002.889.018
COOPERATIVA ORIGO GERACAO DISTRIBUIDA
Ladainha · MG
CEMIG DISTRIBUICAO S.A
2,500 kWp DC3,723×1.12783inferredModeled1373.5
GD.MG.000.626.073
COOPERATIVA ORIGO GERACAO DISTRIBUIDA
Monte Carmelo · MG
CEMIG DISTRIBUICAO S.A
2,500 kWp DC3,723×1.09963inferredModeled1339.1
GD.MG.000.745.201
COOPERATIVA ORIGO GERACAO DISTRIBUIDA
Arcos · MG
CEMIG DISTRIBUICAO S.A
2,500 kWp DC3,723×1.09963inferredModeled1339.1
GD.MG.000.760.617
COOPERATIVA ORIGO GERACAO DISTRIBUIDA
Araguari · MG
CEMIG DISTRIBUICAO S.A
2,500 kWp DC3,723×1.09963inferredModeled1339.1
GD.MG.000.819.202
COOPERATIVA ORIGO GERACAO DISTRIBUIDA
Belo Horizonte · MG
CEMIG DISTRIBUICAO S.A
2,500 kWp DC3,723×1.09963inferredModeled1339.1
GD.MG.000.859.553
COOPERATIVA ORIGO GERACAO DISTRIBUIDA
Lagoa Grande · MG
CEMIG DISTRIBUICAO S.A
2,500 kWp DC3,723×1.09963inferredModeled1339.1
GD.MG.000.890.252
COOPERATIVA ORIGO GERACAO DISTRIBUIDA
Papagaios · MG
CEMIG DISTRIBUICAO S.A
2,500 kWp DC3,723×1.09963inferredModeled1339.1
GD.MG.000.890.316
COOPERATIVA ORIGO GERACAO DISTRIBUIDA
Ibiá · MG
CEMIG DISTRIBUICAO S.A
2,500 kWp DC3,723×1.09963inferredModeled1339.1
GD.MG.000.912.447
COOPERATIVA ORIGO GERACAO DISTRIBUIDA
Papagaios · MG
CEMIG DISTRIBUICAO S.A
2,500 kWp DC3,723×1.09963inferredModeled1339.1
GD.MG.000.930.830
COOPERATIVA ORIGO GERACAO DISTRIBUIDA
Frutal · MG
CEMIG DISTRIBUICAO S.A
2,500 kWp DC3,723×1.09963inferredModeled1339.1
GD.MG.001.143.434
COOPERATIVA ORIGO GERACAO DISTRIBUIDA
Papagaios · MG
CEMIG DISTRIBUICAO S.A
2,500 kWp DC3,723×1.09963inferredModeled1339.1
GD.MG.001.157.276
COOPERATIVA ORIGO GERACAO DISTRIBUIDA
Lagoa Grande · MG
CEMIG DISTRIBUICAO S.A
2,500 kWp DC3,723×1.09963inferredModeled1339.1
GD.MG.001.157.298
COOPERATIVA ORIGO GERACAO DISTRIBUIDA
Lagoa Grande · MG
CEMIG DISTRIBUICAO S.A
2,500 kWp DC3,723×1.09963inferredModeled1339.1
GD.MG.001.190.545
COOPERATIVA ORIGO GERACAO DISTRIBUIDA
Araguari · MG
CEMIG DISTRIBUICAO S.A
2,500 kWp DC3,723×1.09963inferredModeled1339.1
GD.MG.001.249.832
COOPERATIVA ORIGO GERACAO DISTRIBUIDA
Araguari · MG
CEMIG DISTRIBUICAO S.A
2,500 kWp DC3,723×1.09963inferredModeled1339.1
GD.MG.001.428.966
COOPERATIVA ORIGO GERACAO DISTRIBUIDA
Piumhi · MG
CEMIG DISTRIBUICAO S.A
2,500 kWp DC3,723×1.09963inferredModeled1339.1
GD.MG.001.538.713
COOPERATIVA ORIGO GERACAO DISTRIBUIDA
Três Corações · MG
CEMIG DISTRIBUICAO S.A
2,500 kWp DC3,723×1.09963inferredModeled1339.1
GD.MG.001.699.912
COOPERATIVA ORIGO GERACAO DISTRIBUIDA
Araçuaí · MG
CEMIG DISTRIBUICAO S.A
2,500 kWp DC3,723×1.09963inferredModeled1339.1
GD.MG.001.729.901
COOPERATIVA ORIGO GERACAO DISTRIBUIDA
Araxá · MG
CEMIG DISTRIBUICAO S.A
2,500 kWp DC3,723×1.09963inferredModeled1339.1
GD.MG.001.730.775
COOPERATIVA ORIGO GERACAO DISTRIBUIDA
Pains · MG
CEMIG DISTRIBUICAO S.A
2,500 kWp DC3,723×1.09963inferredModeled1339.1
Distributed loss gross-up. Energy injected at the distribution grid displaces generation upstream of network losses, so credited MWh are grossed up by 1/(1 − L). L is the distributor's measured technical loss from ANEEL SAMP — Balanço, PRORET Submódulo 2.6 (resource 9f03a034-fb01-4daa-b6a6-e25a84d979ed), latest 12 published competências per distributor. Production on this table is modeled, not metered.
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Ownership netting

Distributed installations are credited to the registry titleholder in full — there is no joint-venture apportionment on this portfolio. No tonne is credited to more than one party.

Provenance

Every figure on this page is derived from public records only. The operator is never the data originator (No-Self-Reporting Principle).

  • Generation · Sistema GD registry capacity with regional capacity factors — modeled, not metered.
  • Registry · ANEEL Sistema GD — installation codes, titleholder, distributor, capacity.
  • Emission factor · MCTI Combined Margin 0.3271 tCO₂/MWh (0.75 × OM 0.4125 + 0.25 × BM 0.0711).
  • Loss gross-up · ANEEL SAMP — Balanço, PRORET Submódulo 2.6 (resource 9f03a034-fb01-4daa-b6a6-e25a84d979ed), measured technical-loss variant per distributor.
  • Pipeline run · origo-2026-04-29-v3a · 29/07/2026 13:35 BRT
sistemaGd: 2026-04-28 (daily; full-file probe of 2,744,001 installations)onsHourlyGeneration: geracao-usina-2 monthly parquets, 2025-01..2025-12onsThermalDispatch: geracao-termica-despacho-2 monthly parquets, 2025-01..2025-12epePdgd: Power BI dashboard — manual fixture export (none present at time of generation; runs were tier_0_modeled)
Methodology integrity rule

Any displayed numeric figure that an external party could independently verify uses the recognizable form (operator's published nameplate, not internal methodological transformations). Derived values are shown alongside, not in place of, canonical values.

Production-of-record principle

Every per-row numeric figure is traceable to its verification mechanism, and that mechanism is visible to the user via the tier chip.

This is the public listing. Operators with a workspace can access full hourly reconciliation, audit ledger, and CRIOS minting at /app.