Cesp to hold electric power auction in September

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Wednesday, August 29, 2018

São Paulo state's Cesp announced it will hold an electric power auction on September 12.

The firm plans to close three agreements, one to buy energy from conventional sources with delivery due between January 2019 and December 2021, one with delivery this October and the last one with delivery this November.

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The auction will be online. The tender rules are available on Cesp's website, in Portuguese.

The power company is currently in a privatization process, and is due to be auctioned off in October.