Chimarrao Brazilian Transmission Lines

Active

Prospective

The project involves the construction, operation and maintenance of 1204KM of transmission lines crossing 43 municipalities in the state of Rio Grande do Sul in Brazil. The project includes 8 transmission lines and 8 substations. The transmission lines are as follows: 525kV Guaíba 3 - Gravataí (127km); 525kV Santa Vitória do Palmar - Marmeleiro, C2 (48km); 525kV Povo Novo - Guaíba 3, C2 (245km); 525kV Marmeleiro - Povo Novo, C2 (152km); 525kV Nova Santa Rita - Guaíba 3, C2 (36km); 525kV Candiota 2 - Guaíba 3, CD, C1 and C2 (2 x 279km); 230kV Guaíba 2 - Guaíba 3, C1 (19km); and 230kV Guaíba 2 - Guaíba 3, C2 (19km). The substations are as follows: 525kV Santa Vitória do Palmar; 525kV Gravatal; 525kV Marmeleiro; 525kV Povo Novo; 525/230/13.8kV Guaiba 3; 525kV Nova Santa Rita; 525/230/13.8kV Candiota 2, and 230kV Guaiba 2 The developer Chimarrão Transmissora de Energia is a 50:50 partnership between ACS Group's subsidiary Cymi Construções e Participações and Brookfield Asset Management via its fund Brasil Energia Fundo de Investimentos em Participações Multiestratégia. The project cost is BRL 2.24 billion ($ 545.04 million), of which BRL 480 million ($ 116.79 million) come as equity contributions. The Brazilian Development Bank BNDES acted as sole lender and provided BRL 1.76 billion ($ 428.25 million) Financial close was reached on 10 October 2019. The assets are due to begin commercial operations on 22 March 2023. https://ijglobal.com/data/transaction/48624/chimarrao-brazilian-transmission-lines-1204km-ppp https://ijglobal.com/articles/143132/brazilian-transmission-project-reaches-fc https://www.bndes.gov.br/wps/portal/site/home/imprensa/noticias/conteudo/bndes-aprova-1-76-bilhao-para-transmissao-de-energia-no-rs

Energy

World Bank Group

Project

Commercial, Government, Power Generation (CCGT), Residential