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Brazil’s Energy Auction Guarantees Investments of R$8.7 Billion

By Lise Alves, Senior Contributing Reporter

SÃO PAULO, BRAZIL – Electric energy regulator (ANEEL) is celebrating the successful energy auction held on Friday, December 15th, where eleven lots were auctioned off in ten Brazilian states. According to ANEEL investments from these transmission lines auctioned off could total more than R$8.7 billion and generate over 17,000 jobs.

The auction was for the construction, operation and maintenance of 4,919 km of transmission lines and substations with a capacity of 10,416 mega-volt-amperes (MVA) in the states of Bahia, Ceará, Minas Gerais, Pará, Paraíba, Pernambuco , Piau . . .

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