RIO DE JANEIRO, BRAZIL - The Ministry of Mines and Energy (MME) estimates that the two transmission auctions scheduled for June and December this year will attract investments of R$11 billion (US$1.98 billion), 160% more than in 2021.
Projected capital spending is also 35% higher than in 2020 and represents a 124% jump over the 2019 figure, according to data from the sector regulator, ANEEL.
"We have good expectations for investments in transmission projects in 2022," KPMG consulting partner Franceli Jodas said.
Jodas attributes her positive outlook to several factors:
- The potential to consolidate assets, as . . .
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