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Termopernambuco SA

Sector: Natural Gas • Location: 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

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

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active

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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.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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