Petrobras starts binding phase for the sale of 10% stake in TAG
Petróleo Brasileiro S.A., more commonly known as simply Petrobras, has started the binding phase for the sale of the remaining 10% stake it owned in the Transportadora Associada de Gas (TAG) pipeline unit.
TAG manages and operates 4,500 km of gas pipelines located primarily in the North and North-East regions of Brazil. The units operate the natural gas pipelines in Brazil.
In 2019, Engie and Caisse de Depot and Placement du Quebec (CDPQ) acquires 90% equity stake in the TAG natural gas pipeline unit.
Country updates
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March 16, 2020
Grupo Proyfe secures engineering service contract for Enel's Sao Goncalo III solar project in Piaui
Enel Green Power has contracted the Proyfe Group to carry out the property's engineering services for the construction of the 215 MW São Gonçalo III Solar Park. The&...
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March 12, 2020
Total Eren reaches financial close for the 90 MW Dracena solar project in São Paulo
Total Eren has achieved financial close for its 90 MW Dracena solar project located in the municipality of Dracena, Sao Paulo state in Brazil. The Dracena solar project is composed of three plan...
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March 12, 2020
Largest solar PPA signed in Brazil
Atlas Renewable Energy, along with Anglo American Plc, has signed the largest solar energy purchase and sale contract in Brazil with an investment of BRL881 million (US$187.8 million). The clean energ...
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March 09, 2020
Brazil allows Enel's 215 MW solar projects to enter REIDI programme
Brazil has allowed the entry of Enel Green Power's 215 MW solar PV projects in the National Infrastructure Development Incentive Scheme (REIDI). The UFV Sao Goncalo 14, 15, 17, 19 and 10 solar facili...
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March 06, 2020
Votorantim Energia, CCPIB to launch BRL2bn 411.6 MW wind complex in Brazil
The joint venture of the Canada Pension Plan Investment Board (CPPIB) and Brazil's Votorantim Energia is set to invest a total of BRL2 billion (US$440.87 million) for the construction of two wind...
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