Brazil announces installation of 1,028 MW through Avancar Energia programme
Brazil's Ministry of Mines and Energy has announced that 44 of the 97 projects awarded in its Avançar Energia programme has been completed, adding 1,028 MW of installed capacity to the National Generator Park (Parque Gerador Nacional).
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Country news
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March 22, 2018
IFC and Amundi close US$1.4 billion green bond fund
IFC, a member of the World Bank Group, and Amundi, Europe’s largest asset manager, have announced the successful launch of the world’s largest targeted green bond fund focused on emerging markets, the Amundi Planet Emerging Green One (EGO).
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February 26, 2018
Brookfield makes new acquisition proposal to Renova for over 1 GW wind projects
Renova Energia SA has announced that it has received from Brookfield Energia Renovável SA, the Brazilian subsidiary of Brookfield Asset Management, a new binding proposal replacing the primary contribution offer made in November 2017.
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February 07, 2018
Government of São Paulo resumes privatisation of CESP
The government of São Paulo has resumed the partial privatisation of Companhia Energetica de São Paulo (CESP), the utility company responsible for approximately 58% of the energy generated in the state, and for almost 12% of the total power produced in Brazil, making it the third largest in the country.
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February 01, 2018
Engie secures financing for 327.7 MW wind project in Brazil
The Administrative Council of Engie Brasil Energia SA has approved borrowing BRL1.04 billion (US$ 329.4 million) from Brazil's National Development Bank (BNDES), to support the development of the 327.7 MW Campo Largo Phase 1 wind project. No further details about the deal have been disclosed.
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January 29, 2018
President of Brazil submits bill for US$3.8 billion privatisation of Eletrobras to Congress
The President of Brazil, Michel Terner, has advanced the privatisation of state-owned power company Centrais Elétricas Brasileiras SA, commonly known as Eletrobras, by submitting a bill defining the terms of the sale to Congress. The bill states that the company will be privatised through a capital increase, with an option for a secondary offering of government shares (currently 52%).
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