Aggreko secures US$2.5bn Amazon power contracts
A consortium led by British power generator Aggreko has secured contracts worth 8.8bn reais (US$2.5bn) to supply electricity from new thermoelectric plants in Brazil's north.
The plants, which total 148MW of installed capacity, will serve isolated systems – those not linked to the national grid – in Amazonas state, power regulator Aneel said in a statement on Monday.
Aggreko holds a 99% stake in the Geração Amazonas consortium alongside Brasil Bio Fuels.
The joint venture won the only two lots of an auction by bidding down the ceiling price for wholesale energy sales by an average of 22%. Geração Amazonas will be responsible for building and operating the plants.
The facilities will be fired by diesel oil, with total investment in the projects expected to reach up to 507mn reais, Aneel said.
Bidding started at 1,487 reais/MWh for one lot and 1,503 reais/MWh for the other.
The auction's sole buyer was state-run utility Eletrobras Amazonas, which purchased 525GWh/y over 15 years.
Subscribe to the most trusted business intelligence platform in Latin America. Let us show you our solutions for Suppliers, Contractors, Operators, Government, Legal, Financial and Insurance.
News in: Electric Power (Brazil)
Brazil urged to push ahead with thermal-free electricity stability
The head of the local energy and environmental institute Iema, André Luís Ferreira, is concerned about the growth of greenhouse gas emissions.
Eletrobras and Shell sign a technical cooperation agreement
Partnership aims to exchange information for a possible co-investment in the development and operation of offshore wind energy projects.
Subscribe to Latin America’s most trusted business intelligence platform.
Other projects in: Electric Power (Brazil)
Get critical information about thousands of Electric Power projects in Latin America: what stages they're in, capex, related companies, contacts and more.
- Project: Assuruá 4 II wind farm (Assuruá wind complex)
- Current stage:
- Updated:
1 week ago
- Project: Castilho solar complex
- Current stage:
- Updated:
2 weeks ago
- Project: Aroeira 8 wind farm (Aroeira wind complex)
- Current stage:
- Updated:
2 weeks ago
- Project: Aroeira 7 wind farm (Aroeira wind complex)
- Current stage:
- Updated:
2 weeks ago
- Project: Aroeira 6 wind farm (Aroeira wind complex)
- Current stage:
- Updated:
2 weeks ago
- Project: Aroeira 5 wind farm (Aroeira wind complex)
- Current stage:
- Updated:
2 weeks ago
- Project: Aroeira 3 wind farm (Aroeira wind complex)
- Current stage:
- Updated:
2 weeks ago
- Project: Aroeira 2 wind farm (Aroeira wind complex)
- Current stage:
- Updated:
2 weeks ago
- Project: Aroeira 4 wind farm (Aroeira wind complex)
- Current stage:
- Updated:
2 weeks ago
- Project: Aroeira 1 wind farm (Aroeira wind complex)
- Current stage:
- Updated:
2 weeks ago
Other companies in: Electric Power (Brazil)
Get critical information about thousands of Electric Power companies in Latin America: their projects, contacts, shareholders, related news and more.
- Company: São Martinho S.A. (São Martinho)
-
São Martinho S.A. is a Brazilian publicly-traded company focused on the planting of sugarcane and the subsequent production of sugar, ethanol (both anhydrous and hydrous) and ot...
- Company: Atiaia Renováveis
- Company: Grupo Santin
- Company: Geocon Controle Tecnologico
- Company: Proton Energy Desenvolvimento de Projetos S.A. (Proton Energy)
-
The description contained in this profile is taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been machine tran...
- Company: Interalli Administração e Participações S.A. (Grupo Interalli)
-
Founded in 2001, Grupo Interalli is a Brazilian company operating in the port infrastructure sector, including grains and liquid cargo, logistics, renewable energy, automobiles,...
- Company: CH4 Energia Ltda. (CH4 Energia)
Subscribe to the most trusted business intelligence platform in Latin America. Let us show you our solutions for Suppliers, Contractors, Operators, Government, Legal, Financial and Insurance.
