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Engevix Will Also Rely on Credit Provided by Turbine and Generator Manufacturers, Own Resources, and Advance Revenue from Already Commercialized Energy
New Engevix, active in the Energy, Infrastructure, and Industry sectors, is currently negotiating financing of approximately R$ 150 million with a national bank and an investment fund, out of a total of R$ 383 million to complete the works of the São Roque hydroelectric plant in Santa Catarina. Additionally, the remaining resources will come from credit provided by turbine and generator manufacturers, own resources, and advance revenue from already commercialized energy.
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Works at the São Roque Plant Are 80% Completed by Engevix
The infrastructure work of the São Roque plant in Santa Catarina is 80% completed. With an installed capacity of 141.9 megawatts (MW), it can generate energy equivalent to the residential consumption of the four largest cities in the state: Florianópolis, Joinville, Chapecó, and Blumenau.
According to Ênio Schneider, project coordinator for the plant, the project is committed to delivering 60 average MW of energy to the distributors starting in 2025. The energy block, which corresponds to 75% of the marketable energy, will have a cash flow capable of supporting the financial equation of the project.
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In just three hours, a natural stone floor transforms the entrance of the house with an organic effect, immediate drainage, and a sophisticated non-slip finish that doesn’t puddle water, dries quickly, and impresses with the final result.
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‘Interlocking brick’ made of earth arrives in the construction industry with cost reductions of up to 40% on the project.
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Espírito Santo will receive the largest engineering project in its history with the duplication of BR 262, which will have 50 viaducts, 28 bridges, and 2-kilometer tunnels cutting through the most challenging mountainous region of the entire state.
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A project of nearly 9 million reais already has the first kilometer paved in Santa Catarina and promises to completely transform the access between Jaraguá do Sul and Rio dos Cedros in an area where tourism is growing at a rapid pace.
He stated that there are still 20 average MW to sell until the end of the concession, in addition to all the anticipated energy, meaning that the plant will generate energy during the period prior to the commitment of delivering the contracted energy.
In June of next year, Engevix will also have more than two years to sell its production freely in the market. Contracts for advance sales have already been signed for delivery in 2022 and 2023, and New Engevix is evaluating the best time to hold a new auction for the remaining sale.
This report was based on the Broadcast Estadão.
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