Thadeu Carneiro da Silva: I don’t have the answer for you right now. We are still discussing the methodology. If that involves the study of hydrology, study of the sector, the energy surplus. So I cannot give you a straight answer right now. But the discussions are having via the associations of [indiscernible] for the HPPs, for the hydroelectric power generating plants, whether the big plants or the SHPPs. These are the groups that are ahead of this movement, but we don’t know how long this will take. We understand — we would like it to happen as soon as possible so that we can be successful in the next water season next wet period.
Carolina Senna: Thank you, Thadeu and Marcelo. Now moving on, I will open the microphone. The next question is for Leonardo George. The question is from Daniel Travitzky, sell-side analyst from Safra Bank. Daniel?
Daniel Travitzky: Hello, everyone. Thank you very much for taking my question. I actually have two questions. The first that investment of BRL1 billion in automation and technology. Is that going into the remuneration base of the distributing company or just part of that and how much? Second question about the strategy for the Eurobond rollover — Eurobond debt rollover. How do you intend to deal with it? Are you going to maintain that as a dollar denominated debt because of the high interest rates that we have now? I would like to better understand that. Thank you.
Leonardo George de Magalhaes: Thank you, Daniel, and thank you for your questions. About our Eurobond debt, in 2021, we published our strategic planning for the first half of the year. We said that we are going to do the liability management in different stages. We have already reduced that debt. We reduced it in 50% our FX exposure, and we intend to take another step at the end of the year. And by December of 2023, Cemig can rebuy the bonds without paying premiums. So we intended to by around BRL350 million, BRL370 million of buyback by the end of the year. We understand that this is part of the process. So that little by little, by the end of the year in 2024, we can eliminate our FX exposure via Eurobond. And we’re always comparing the cost of international emission and now here including 100% of a hedge with the local emission, we understand that it’s more attractive for the company right now, it’s cheaper to have a local emission.
So our strategy right now is to switch this Eurobond via a local debt. This is the strategy that we are choosing to follow right now, and we intend to do this for the next franchise. And the Eurobond buyback, we have around $750 million. Remember that we have a protection of up to BRL5 in principle, and we will continue buying back. Right now, local emission is more affordable for us. We are a company that has all the revenues that — in real denominated revenues. So this local emission is more interesting for us, this is our expectation for our Eurobond. And the first question, Daniel, it’s about our IT investment, right? So we are investing there. And most of that investment is OpEx. But it goes under announced coverage of tariff review. This is the investment.
This is already forecasted in the rate. I remember that even considering robust investments that we’ll be making in IT, we are committed because even having those investments, all our OpEx will be within the regulatory limits established and tariff review. We are not going to go over BRL0.01 in that — of the regulatory limit. So we do have an internal challenge of being — to cover these costs in a way that we have 100% of the costs, including this investment and technology being covered by the tariff by the rates.
Carolina Senna: Excellent. Thank you very much, Leonard. Next question, I will read, it is for Marco Soligo. Please, as an update on GASMIG, if you’re going to list the company and about the divestment in Taesa?
