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Brazil's national energy company Cia Energetica de Minas Gerais SA was awarded the rights
to develop a 431.
5 MW renewable energy project for wind and solar at a government auction, Reuters reported.
It was revealed that the contract gives CEMIG the right to start producing energy for 20 years for 20 years
.
The government auctioned contracts
totaling 1,240 MW.
While the financial terms of the contract are not immediately available, CEMIG executives have previously told Reuters that the auction represents a significant opportunity
for companies controlled by the Brazilian state of Minas Gerais.
The important energy contract for CEMIG is set to expire
after the government re-auctioned a series of energy blocks held by Cemig in 2017.
:/, please indicate the source for reprinting)
Brazil's national energy company Cia Energetica de Minas Gerais SA was awarded the rights
to develop a 431.
5 MW renewable energy project for wind and solar at a government auction, Reuters reported.
It was revealed that the contract gives CEMIG the right to start producing energy for 20 years for 20 years
.
The government auctioned contracts
totaling 1,240 MW.
While the financial terms of the contract are not immediately available, CEMIG executives have previously told Reuters that the auction represents a significant opportunity
for companies controlled by the Brazilian state of Minas Gerais.
The important energy contract for CEMIG is set to expire
after the government re-auctioned a series of energy blocks held by Cemig in 2017.
:/, please indicate the source for reprinting)
/