The International Finance Corporation is providing a $288 M 15-year loan to UTE GNA I for the development, construction and operation of an integrated liquefied natural gas to power facility in Porto de Açu.
Italy, Milan: Italian utility Enel SpA has decided to halt further acquisitions in Brazil for the time being as it prepares to complete asset sales of up to $1.8 billion in the second half of the year, reports Reuters.
India: India’s power transmission company Sterlite Power has won six new transmission concessions in the recently concluded auction for transmission projects in Brazil, which is an investment worth around $1 billion.
Brazil, Santa Catarina: The Inter-American Development Bank (IDB) will provide a loan of $276.05 million to Centrais Eletricas de Santa Catarina–Distribuicao S.A. (CELESC-D), the electric power distribution utility serving Brazil’s state of Santa Catarina.
The PowerGrid Corporation of India has declared that it will bid for power transmission projects in Brazil on an EPC basis, as tenders have been announced by the government of Brazil for transmission works valued at $14 billion.
SAO PAULO - Brazil’s electricity regulator Aneel approved on Tuesday transferring to Shanghai Electric Group Co Ltd a power transmission project that will require investments of 3.3 billion reais ($1.01 billion).
Brazil, Sao Paolo: Centrais Eletricas Brasileiras SA (Eletrobras), Brazilian state-owned power holding company which could be privatized next year, will have to sell six power distribution units at a loss, Reuters cites a government source.
Brazil: WEG S.A. has been awarded with engineering, procurement and construction (EPC) contracts for the supply of a turnkey solution for the photovoltaic solar complexes Coremas I and II, in the state of Paraiba, in Brazil’s Northeast.
Brazil: Aperam South America, a global specialty steel producer, has started up a high-permeability grain-oriented electrical steel (HGO) line at its Timóteo facility, in Brazil's south-eastern Minas Gerais state.