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The Private Energy Generator Engie Brazil Rescheduled for October 27 and 29 the Auctions It Plans to Hold for the Contracting of Renewable Energy
The renewable energy auctions will allow the company to meet the demand from the Southeast and Midwest markets. The Brazilian unit of the French Engie has not yet disclosed the specific amount of energy it seeks.
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About the Renewable Energy Auction of Engie Brazil
In the renewable energy auction on October 27, the company will sign a 15-year power purchase agreement (PPA) starting in 2023. The auction is aimed at companies with projects in development, construction, or operation.
The Engie auction on October 29 will contract energy for five years starting in 2022. In this auction, interested parties must register with the Brazilian Chamber of Electric Energy Commercialization (CCEE) as traders, generators, independent, and autonomous.
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About Engie Brazil
ENGIE Brazil is the largest private electricity producer in Brazil, with its own installed capacity of 10,211MW across 61 plants, representing about 6% of the country’s capacity.
The company has nearly 90% of its installed capacity in the country derived from renewable sources with low GHG emissions, such as hydropower, wind, solar, and biomass plants. With the acquisition of TAG, ENGIE is now also the owner of the most extensive natural gas transportation network in the country, with 4,500 km, crossing 10 states and 191 municipalities.
The Group operates in Brazil in the commercialization of energy in the free market and is among the largest companies in distributed photovoltaic generation. The company also has a complete portfolio of integrated solutions aimed at reducing costs and improving infrastructures for companies and cities, such as energy efficiency, monitoring and energy management, management of electricity supply contracts, public lighting, HVAC systems, telecommunications, security, and urban mobility. With 2,750 employees, ENGIE had a revenue of R$ 10.5 billion in the country in 2019.
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