Boa Vista II Small Hydro Power Plant
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Source: World Bank Group
In November 2015, the Brazilian company SPE Boa Vista II Energia S.A, a subsidiary of CPFL Energias Renovaveis S.A. was granted the 30-year contract to build and operate the Boa Vista Small Hydro Power Plant (26.5 MW total capacity) located at the municipality of Varginha, state of Minas Gerais (Verde River). The power plant was named PCH Boa Vista II.
In April 2015, the company had been granted
- Status
- Prospective
- Sector
- Commercial, Government, Hydro, Power Generation (CCGT)
- Location
- Minas Gerais, Brazil
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency |
Status
Original status | active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | In November 2015, the Brazilian company SPE Boa Vista II Energia S.A, a subsidiary of CPFL Energias Renovaveis S.A. was granted the 30-year contract to build and operate the Boa Vista Small Hydro Power Plant (26.5 MW total capacity) located at the municipality of Varginha, state of Minas Gerais (Verde River). The power plant was named PCH Boa Vista II. In April 2015, the company had been granted power purchase agreements to sell electricity to distribution companies starting in 2020. The company presented a winning bid of US$ 56.1/MWh (BRL 207.64/MWh). The investment committed to the power plant was estimated at US$ 45.5 million (BRL 168.5 million). Financial closure was achieved in March 2016, when the sponsor was granted a US$ 12.5 million (BRL 50 million) 1-year-6-month term loan from the Brazilian bank Itau/Unibanco. The remaining investment cost was equity financed (US$ 33 million). Commercial operations were expected to commence in 2020. |
Original sector | Energy |
Budget |
Location
Country | Brazil |
State | Minas Gerais |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Commercial, Government, Hydro, Power Generation (CCGT) |
Article published date | 2024-05-22 |
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