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Brazil completed a $3.4 billion tender for a power transmission project

 Last Update: 2022-12-28
 Source: Internet
 Author: User

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Brazil's power sector regulator Aneel said recently that the winning project in the country's latest transmission project auction has an investment of 13.
2 billion Brazilian reals ($3.
43 billion / 2.
99 billion euros).

The regulator said Neoenergia SA, a subsidiary of Spain's Iberdrola SA (BME:IBE), was the biggest winner of the auction
.

At present, all 16 target transmission projects have completed the tender, with a cumulative total of 7,152 km of transmission projects and substation construction, with a total capacity of 14,819 MVA
.

According to the plan, these transmission projects will be distributed in 13 Brazilian states with a 30-year concession period of 48 to 60 months
to implement.

The auction includes transmission projects
previously held by regional energy company Eletrosul.
The company failed to reach an agreement on the transfer to Shanghai Electric Group Co.
, Ltd.
and lost rights
to the project.

Transmission projects

The regulator said Neoenergia SA, a subsidiary of Spain's Iberdrola SA (BME:IBE), was the biggest winner of the auction
.

According to the plan, these transmission projects will be distributed in 13 Brazilian states with a 30-year concession period of 48 to 60 months
to implement.

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