Brazil A-1 auction draws US$1.2bn
Brazil's A-1 auction for energy from existing plants held Tuesday sold 14.5TWh of power for delivery next year.
Cesp and Furnas, subsidiaries of state-run power company Eletrobras (NYSE: EBR), supplied the bulk of electricity available, according to power regulator Aneel.
Contracts from the auction totaled 2.7bn reais (US$1.2bn), representing a 0.3% average reduction from the allowed revenue cap of 192 reais (US$83)/MWh.
Curitiba-based utility Copel was the most prolific bidder, clinching 19% of the total energy on offer while Elektro secured 11.2%.
Some 32 companies purchased energy at the round.
Furnas's Itumbiara hydroelectric plant provided almost half of the total power on offer, selling 6.50TWh at 191.37 reais/MWh.
Cesp's biggest seller was the Ilha Solteira hydro, which offloaded 2.21TWh.
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)
The national government puts into service the Ande contingency control scheme (ECCANDE)
The national government puts into service the Ande contingency control scheme (ECCANDE)
How Vestas is expanding its business in Brazil
The senior sales director of the wind turbine manufacturer in Brazil, Eric Gomes, spoke with BNamericas about Vestas' performance in the country an...
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: President JK 03
- Current stage:
- Updated:
4 months ago
- Project: President JK 01
- Current stage:
- Updated:
4 months ago
- Project: Velho Chico 11
- Current stage:
- Updated:
4 months ago
- Project: Velho Chico 9
- Current stage:
- Updated:
4 months ago
- Project: Velho Chico 7
- Current stage:
- Updated:
4 months ago
- Project: Velho Chico 3
- Current stage:
- Updated:
4 months ago
- Project: Velho Chico 1
- Current stage:
- Updated:
4 months ago
- Project: Minas do Sol 07
- Current stage:
- Updated:
4 months ago
- Project: Minas do Sol 05
- Current stage:
- Updated:
4 months ago
- Project: Minas do Sol 04
- Current stage:
- Updated:
4 months 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: 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)
- Company: Cerradinho Bioenergia S.A. (CerradinhoBio)
-
Incorporated in 2006, Cerradinho Bioenergia S.A. (formerly Usina Porto das Águas S.A.) is a Brazilian company engaged in agricultural production; manufacture and trading of etha...
- Company: Dois A Engenharia e Tecnologia Ltda. (Dois A)
-
Dois A Engenharia e Tecnologia Ltda. (Dois A) is a Brazilian family-owned construction company established in Natal since 1999, which provides services for civil construction; i...
- Company: Consórcio Mirante do Oeste Geração de Energia
-
Mirante do Oeste Geração de Energia Consortium is a company formed by Mirante Energética SA and Oeste Energia Investimentos e Participações SA for the execution of the Oeste Ser...
- Company: RZK Energia Participações Ltda. (RZK Energia)
-
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...
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.
