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Before The Brazil Electricity Transmission Auction Scheduled For December In São Paulo, Apex Brazil Will Teach The International Public Why The Renewable And Traditional Energy Industries In Brazil Are Mature For Business And Investment Opportunities
Tomorrow, Apex Brazil, the Brazilian Agency for the Promotion of Exports and Investments, in partnership with the National Electric Energy Agency (ANEEL), is holding a virtual event to highlight the main investment opportunities in Brazil’s energy sector. Scheduled for the upcoming ANEEL Electricity Transmission Auction in December, this event will bring together energy operators, financial agents, and others to learn more about the tangible steps the Brazilian government has taken to position the country for strong growth in the energy sector.
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Foreign Investments
Event participants at Apex Brazil will also gain an understanding of the country’s vision for public and private foreign investments in the energy industry, as well as other important industries in Brazil.
Leading the discussion will be prominent government authorities in Brazil’s energy sector, including the Minister of Mines and Energy, Bento Albuquerque, and the Secretary of Energy, Oil, Gas, and Mining of the Special Secretary for the Investment Partnerships Program (PPI), Romário Batista, as well as top leaders from Apex Brazil and ANEEL.
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Electricity Transmission Auction
Minister Albuquerque expressed optimism about the upcoming Electricity Transmission Auction as one of the key steps toward economic recovery amid the COVID-19 pandemic. The electric sector is currently one of the largest destinations for foreign direct investment in Brazil.
“Brazil has nearly 176,000 MW of installed capacity, about 158,000 KM of transmission lines, and 85 million consumer units. Our goal is to increase consumer choice, ensure supply adequacy with high shares of clean sources and distributed energy resources, and provide our system with new technologies and business models. Additionally, 35% of the total foreign capital invested in Brazil in 2019 was concentrated in Mines and Energy: foreign investors and their long-term investments are treated with respect and equality in Brazil,” said Minister Albuquerque.
About Apex Brazil
The Brazilian Agency for the Promotion of Exports and Investments (Apex-Brasil) works to promote Brazilian products and services abroad and attract foreign investments to strategic sectors of the Brazilian economy. Apex-Brasil organizes various initiatives aimed at promoting Brazilian exports abroad.
The Agency’s efforts include trade and prospective missions, business rounds, support for Brazilian companies participating in major international fairs, conducting technical visits for foreign buyers and opinion formers to learn about the Brazilian productive structure, among other selective activities developed to strengthen the country’s brand abroad.
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