Eight companies, including Brazilian Eletrobrasthe Portuguese EDP and the investment bank BTG were awarded the fifteen concessions to lay and operate 6,464 kilometers of energy transmission lines in Brazil auctioned this Thursday by the Government.
The winners of the auction committed to receiving net income 44.66% lower than the maximum value set by the Government, reported the National Electric Energy Agency (Aneel).
The big winner was Eletrobras, the largest electricity company in Latin America, privatized in 2022, which was awarded four of the fifteen concessions.
The auction allows the electricity giant to confirm itself as the largest operator of transmission lines in Brazil, where it manages 73,000 kilometers, 40% of the national electricity network.
EDP’s Brazilian subsidiary obtained three licenses to operate transmission lines and the Warehouse Fund, controlled by investment bank BTG Pactual, three others, including the right to the largest and most disputed of the concessions (a 951-kilometer line between the states of Bahia and Minas Gerais).
The other five concessions were divided by the Brazilian companies Brasiluz, Cox Brasil, Consorcio Olympus XVII, Energisa and Consorcio Paraná IV.
The new lines will have to be operating between 2027 and 2030 depending on the complexity of each of the concessions.
The winners committed to making investments of 18.2 billion reais (about 3,714.3 million dollars) in the construction of the transmission lines.
The awarded lines will pass through 14 of the 27 Brazilian states, mainly those located in the northeast, where several wind and solar projects are not yet connected to the national electrical system.
This was the third auction of transmission line concessions since Luiz Inácio Lula da Silva took office as president of Brazil, in January 2023, with the commitment to reinforce the electricity supply in the southeast, the most populated region of Brazil, with the renewable energy generated in the northeast, reaching 23 gigawatts (GW) of installed capacity.
It was also the second largest auction in volume of contracted investments in the history of Brazil, only surpassed by the tender carried out last December also by the Lula Government.
The sum of these two auctions will allow the investment of 56,000 million reais (about 11,428.6 million dollars), according to data offered by the Ministry of Mines and Energy.
Source: EFE
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