What is the latest status of the project “Capim Branco Hydroeletric Complex”?

The status recorded for “Capim Branco Hydroeletric Complex” is active.

Who are the main government, EPC, and private stakeholders for “Capim Branco Hydroeletric Complex”?

Taiyo maps the stakeholders of “Capim Branco Hydroeletric Complex”: government bodies (World Bank Group).

What is the budget and commercial profile for the project “Capim Branco Hydroeletric Complex”?

Taiyo normalizes the budget of “Capim Branco Hydroeletric Complex” to USD 163000000.

Where can I verify the source and access all details for “Capim Branco Hydroeletric Complex”?

This Taiyo project page references World Bank Group along with the original URL (https://ppi.worldbank.org/en/snapshots/project/capim-branco-hydroeletric-complex-3197). Taiyo standardizes official data into a consistent, searchable project profile.

Capim Branco Hydroeletric Complex

Sector: Power Generation (CCGT) • Location: Minas Gerais, Brazil

Source: World Bank Group

Project

Active

The project comprises construction and operation of two hydroeletric plants, Capim Branco I (240MW) and Capim Branco II (210MW), located in the Araguari river in the state of Minas Gerais.

The company responsible for the project is a consortium originally comprising Companhia Vale do Rio Doce (CVRD), Centrais Eletricas de Minas Gerais (CEMIG), Paineiras (Grupo Suzano) and Companhia Mineira de

Status: Prospective
Sector: Power Generation (CCGT), Government, Hydro, Commercial
Location: Minas Gerais, Brazil
Updated: 22 Jul 2026
Source: World Bank Group

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Project Information

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The project “Capim Branco Hydroeletric Complex” is an infrastructure initiative in the Power Generation (CCGT) sector, located in Minas Gerais, Brazil. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status	active
Taiyo status	Prospective
Taiyo last update	2026-07-22

Contact

Not available for this record.

Description

Description	The project comprises construction and operation of two hydroeletric plants, Capim Branco I (240MW) and Capim Branco II (210MW), located in the Araguari river in the state of Minas Gerais. The company responsible for the project is a consortium originally comprising Companhia Vale do Rio Doce (CVRD), Centrais Eletricas de Minas Gerais (CEMIG), Paineiras (Grupo Suzano) and Companhia Mineira de Metais (Grupo Votorantim) and Camargo Correa. The later sold its stake of 5% in 2002 to the remaining shareholders: CVRD (48.4%), CEMIG (21.1%), Paineiras (17.9%) and CMM (12.63%). The total investment in the project is estimated in US$163 million (R$600 million). Financial closure was reached in July 2003, when CEMIG announced that it would invest US$69.9 million (R$200 million). Construction works started in September 2003 and the first plant is expected to start operations in December 2006. The energy produced will be consumed by the four shareholders. Operations commenced in May 2007.
Original sector	Energy
Budget

Location

Country	Brazil
State	Minas Gerais

Source

Source	World Bank Group
URL

More Details

Record type	Project
Sector	Power Generation (CCGT), Government, Hydro, Commercial
Article published date	2024-05-15

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