Installed in Ceará, the Pecém thermoelectric plant may have shares sold by EDP Brasil in the near future.

EDP ​​Brasil, a Brazilian holding that works with the electric sector, may sell a stake in the coal-fired power plant in Pecém, Ceará. However, the company should not remain as a shareholder and technical operator of the plant until 2027, which is the period in which the current contracts for the asset expire, commented, last Wednesday (01/02), the CEO of João Marques da Cruz .

Although there is an intention to sell shares in the Pecém thermoelectric plant, but that “it is not an asset for sale at this time”

"We are, as always, attentive to the market... If there are opportunities to sell some shares in this plant, we can face this possibility, but no decision has been taken, it is not an asset for sale at this moment", said the journalists after participating in an event at the Credit Suisse.

EDP ​​recently explained that it will make a countable write-off of BRL 1,2 billion related to the Pecém plant, after a reassessment of the asset in view of the cancellation of the capacity reserve auction that was scheduled for 2022, in which the company had plans to renew the contracts of the enterprise.

The thermoelectric power plant, which is installed in the industrial and port complex of Pecém, has 720 megawatts (MW) of installed capacity and is powered by mineral coal.

According to EDP, the plant project was planned with a view to reducing environmental impacts, with the use of high technology focused on making the operation cleaner and more efficient.

EDP ​​Brasil is also committed to preserving the environment by reducing pollutant emissions and installing a pilot plant to produce green hydrogen.

The thermoelectric plant is also a stage for the green hydrogen research and development (R&D) project.

EDP ​​invested BRL 42 million reais to install a green hydrogen pilot plant, which generated its first molecule of the renewable fuel at the end of last year.

EDP ​​Brasil, like other companies, has made a commitment to reduce its carbon emissions in order to reduce negative impacts on the environment.

At the moment, the company's goal is to deconsolidate coal assets from its portfolio by 2025

Cruz pointed out, this Wednesday, that the company will study the opportunity to acquire the energy distributor in Ceará, which should be put up for sale by the Italian company, Enel.

“It is our obligation to look at all distribution assets, as we look at Enel Goiás… More than looking, it depends on the analysis we do at the right moment, this process has not yet started”, he said.

Enel announced last year its intention to sell control of the distributor in Ceará, just as it sold the concessionaire in Goiás, planning a move to concentrate efforts on energy distribution in the metropolitan areas of São Paulo and Rio de Janeiro.