Lines awarded in Brazil transmission auction top US$2bn

- Wednesday, December 19, 2012

Lines awarded in Brazil transmission auction top US$2bn

Brazil's power regulator Aneel on Wednesday awarded 13 lines totaling 3,868km in transmission auction 07/2012, the watchdog said in a statement.

Abengoa Concessões Brasil Holding won three lots and individual lots were won by Copel Geração e Transmissão, CPFL Geração de Energia, Consórcio Paranaíba (State Grid Brazil Holding, Copel Geração e Transmissão, Furnas Centrais Elétricas) and Consórcio Triângulo Mineiro (Fundo de Investimento em Participações Caixa Milão, Furnas Centrais Elétricas).

Combined investment reaches 4.3bn reais (US$2.08bn), construction is due to take 22-36 months and concession contracts will run 30 years.

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The lines will be built in states Bahia, Ceará, Goiás, Maranhão, Minas Gerais, Paraíba, Piauí, Rio Grande do Norte, São Paulo and Tocantins.