Lot 1 Transmission Line in Espírito Santo, Minas Gerais, Paraná, Santa Catarina and São Paulo States

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"This project entails the construction of a 780 km electricity transmission line spanning the Brazilian states of Espírito Santo, Minas Gerais, Paraná, Santa Catarina, and São Paulo. The initiative also includes building the 525 kV Curitiba Oeste and Abdon Batista 2 substations, as well as extending the 230/138 kV Mascarenhas and 230 kV Aimorés substations. The project aims to strengthen the electrical infrastructure in Paraná and Santa Catarina, while also serving Espírito Santo, the eastern region, the Triângulo Mineiro area, and Alto Paranaíba in Minas Gerais. Approximately 5,866 direct jobs are expected to be generated, with a 60-month timeline for completion. The sponsor, French company ENGIE, secured a 30-year concession for the project through the Engie Brasil Transmissão Consortium, comprising Engie Transmissão de Energia Participações II SA (99.9%) and Engie Brasil Energia (0.01%). The consortium's winning bid of $46.2 million (R$252.4 million) represented a 48.14% discount from the maximum Annual Permitted Revenue (RAP) of $89.1 million (R$486.4 million) set by the regulatory agency. The total project cost is estimated at $550 million (R$3 billion), with a financial close date of September 27, 2024." https://www.gov.br/aneel/pt-br/assuntos/noticias/2024/consorcio-engie-brasil-transmissao-vence-lote-1-do-leilao-de-transmissao-no-2-2024 ; https://en.newsroom.engie.com/news/engie-wins-a-new-concession-to-build-and-operate-around-1000-km-of-transmission-lines-in-brazil-1165e-314df.html ; https://megawhat.energy/transmissao/engie-leva-lote-1-no-leilao-de-transmissao-com-investimentos-em-r-29-bi/ ; https://www.webdisclosure.com/press-release/engie-remporte-une-nouvelle-concession-pour-la-construction-et-lexploitation-denviron-1000-km-de-lignes-de-transmission-au-bresil-N3INB0BgcfM ; https://www.riotimesonline.com/brazilian-energy-auction-engie-taesa-and-cox-win-with-steep-discounts