What is the latest status of the project “Cacimbaes Thermal Power Plant”?

The status recorded for “Cacimbaes Thermal Power Plant” is Cancelled.

Who are the main government, EPC, and private stakeholders for “Cacimbaes Thermal Power Plant”?

Taiyo maps the stakeholders of “Cacimbaes Thermal Power Plant”: government bodies (World Bank Group).

What is the budget and commercial profile for the project “Cacimbaes Thermal Power Plant”?

Taiyo normalizes the budget of “Cacimbaes Thermal Power Plant” to USD 112000000. The procurement structure is Public-Private Partnership (PPP).

Where can I verify the source and access all details for “Cacimbaes Thermal Power Plant”?

This Taiyo project page references World Bank Group along with the original URL (https://ppi.worldbank.org/en/snapshots/project/cacimbaes-thermal-power-plant-6034). Taiyo standardizes official data into a consistent, searchable project profile.

Cacimbaes Thermal Power Plant

The status, timeline and source of this project. A free account opens every field.

Source: World Bank Group

Project

Cancelled

The Brazilian company Espirito Santo Geradora de Energia S.A., a subsidiary of the Brazilian company Thermes Participacoes, was granted an authorization to build and operate a natural gas fueled power plant located in the state of Espirito Santo (127 MW in total capacity). The 35-year contract was signed with the regulatory agency ANEEL in April 2009.

The company committed to invest US$ 112 mil

Status: Failure
Sector: Commercial, Natural Gas, Geothermal, Power Generation (CCGT), Government
Location: Brazil
Updated: 22 Jul 2026
Source: World Bank Group

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Project Information

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The project “Cacimbaes Thermal Power Plant” is an infrastructure initiative in the Commercial sector, located in Brazil. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status	Cancelled
Taiyo status	Failure
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	The Brazilian company Espirito Santo Geradora de Energia S.A., a subsidiary of the Brazilian company Thermes Participacoes, was granted an authorization to build and operate a natural gas fueled power plant located in the state of Espirito Santo (127 MW in total capacity). The 35-year contract was signed with the regulatory agency ANEEL in April 2009. The company committed to invest US$ 112 million (BRL 224 million) in the construction of the power plant. Financial closure was achieved in May 2011, when a US$ 81.2 million (BRL 134 million) loan was granted by the state-owned institution Sudene. In 2008, Espirito Santo Geradora de Energia took part in a competitive bidding process and won the right to supply electricity in the regulated market starting in 2013. As of August 2011, construction works had not started. Due to delays in the implementation of the project, the regulatory agency cancelled the concession contract in December 2012 and applied the due penalties.
Original sector	Energy
Procurement method
Budget

Location

Country

Brazil

Source

Source	World Bank Group
URL

More Details

Record type	Project
Sector	Commercial, Natural Gas, Geothermal, Power Generation (CCGT), Government
Article published date	2024-10-01

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