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Termopernambuco SA

Sector: Commercial • Location: Pernambuco, Brazil

Source: World Bank Group

Project
Active

On December 13, 2001 the IDB granted the project company Termopernambuco S.A. a US$192.4 million loan for the construction and operation of a 520 MW power plant. Termopernambuco is wholly owned by Companhia Energetica de Pernambuco CELPE, which is turn is 100% owned by Neoenergia (previously, the Guaraniana consortium). The Guaraniana consortium is made up of Previ (49%), Iberdrola (39%) and Banc

Status
Prospective
Sector
Commercial, Manufacturing (Industrial), Power Generation (CCGT), Seaport, Natural Gas, Government
Location
Pernambuco, Brazil
Updated
22 Jul 2026
Source
World Bank Group

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The project “Termopernambuco SA” is an infrastructure initiative in the Commercial sector, located in Pernambuco, Brazil. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Company

Status

Original status

Active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

On December 13, 2001 the IDB granted the project company Termopernambuco S.A. a US$192.4 million loan for the construction and operation of a 520 MW power plant. Termopernambuco is wholly owned by Companhia Energetica de Pernambuco CELPE, which is turn is 100% owned by Neoenergia (previously, the Guaraniana consortium). The Guaraniana consortium is made up of Previ (49%), Iberdrola (39%) and Banco do Brasil's Banco de Investimento (12%). The plant is located in the industrial port of Suape. Initial cost of the plant was $403.5 million. Termopernambuco signed a 20-year power purchase agreement with CELPE and Companhia de Electricidade do Bahia. General Electric supplied the equipment. The gas fuel will be supplied by Petrobras on a 20 year take or pay basis. The construction of the plant was finalized in December 2003 and commercial operations started in 2004.

Original sector

Energy

Budget

Location

Country

Brazil

State

Pernambuco

Source

Source reliability

High

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Commercial, Manufacturing (Industrial), Power Generation (CCGT), Seaport, Natural Gas, Government

Article published date

2023-02-20

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