Termofortaleza
Sector: Geothermal • Location: Ceara, Brazil
Source: World Bank Group
The project comprises the construction and operation of a 310MW thermal power plant (natural gas) in Porto Pecem, state of Ceara. The company responsible for the project is Central Geradora Termeletrica Fortaleza SA (CGTF), a special purpose company owned by Endesa International (51%) and Enersis SA (49%).
The construction works started in May 2002 and the plant started operations in December
- Status
- Prospective
- Sector
- Geothermal, Natural Gas, Power Generation (CCGT), Government, Commercial
- Location
- Ceara, Brazil
- Updated
- 22 Jul 2026
- Source
- World Bank Group
ConstructChat
Ask ConstructChat about Termofortaleza
Pick a question to edit it, or write your own.
First answer free · no account
Project Information FAQ
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 | The project comprises the construction and operation of a 310MW thermal power plant (natural gas) in Porto Pecem, state of Ceara. The company responsible for the project is Central Geradora Termeletrica Fortaleza SA (CGTF), a special purpose company owned by Endesa International (51%) and Enersis SA (49%). The construction works started in May 2002 and the plant started operations in December 2003. The total cost of the project was estimated at US$250 million. By May 2003, Termofortaleza had signed a 20-year PPA to sell its entire output to Companhia Energetica do Ceara (Coelce) under a take-or-pay contract. The plant had also signed GSAs with Cegas and Petrobras. Termofortaleza was part of a priority program for thermal power plants (Programa Prioritario de Termeletricas), implemented by the Brazilian federal government in 2000. The program, in order to foster the construction of thermal power plants, guarantees natural gas supply for 20 years, provides financing for the construction of the plants (throught the Brazilian Development Bank, BNDES) and provide subsidies for gas transportation costs. In May 2003, the International Finance Corporation proposed a US$362.5 loan for the project (US$62.5 A Loan and US$112.5 Bloan) but as of December 2003 it was pending signing. |
Original sector | Energy |
Budget |
Location
Country | Brazil |
State | Ceara |
Source
Source reliability | High |
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Geothermal, Natural Gas, Power Generation (CCGT), Government, Commercial |
Article published date | 2023-02-20 |
Research
Free account
View all details
You are reading the public part. A free account opens the rest:
- Every detail on this project
- News and media coverage
- Technical research
Free account · no card · lands you back on this project