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$750 Million Financing Granted to Thermoelectric Complex in Rio de Janeiro

Written by Paulo Nogueira
Published on 23/08/2019 at 16:38
complexo termelétrico no Rio de Janeiro
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With Estimated Investment of US$ 2 Billion, Plants in Rio de Janeiro Will Become the Largest Thermoelectric Complex in Latin America

On Wednesday, August 21, Prumo Logística announced that the National Bank for Economic and Social Development (BNDES), the IFC (International Finance Corporation – World Bank), and the German development bank KfW released funding of US$ 750 million for the completion of the first phase of the energy generation complex in São João da Barra, Rio de Janeiro. Check open positions for electrical, piping, instrumentation, mechanical, and administrative professionals at the Port of Açu, 

The first phase of the project consists of a natural gas regasification terminal and a thermoelectric plant with about 1,300 MW of installed capacity. The venture is being developed by Gás Natural Açu (GNA), a joint venture between Prumo, BP, and Siemens.

The second phase of the project involves the construction of a second thermoelectric plant, with about 1,700 MW of installed capacity, called GNA II.

The construction is underway, and energy contracts are secured. The two plants will produce enough energy to supply 14 million households and together will become the largest thermoelectric complex in Latin America, Prumo Logística reported.

By March 2020, GNA I and the LNG import terminal are expected to begin commissioning. GNA is also developing offshore gas pipelines, a gas processing unit, and a liquids export terminal for pre-salt gas, in addition to onshore pipelines to connect Açu to the existing network.

The total investment by GNA for the development of the first two phases of the complex is estimated at over US$ 2 billion.

Açu, the largest port-energy complex in Brazil, located in Rio de Janeiro, also includes a hub for oil, strategically important for the export of pre-salt oil, as well as processing, blending, and storage.

GNA has a total licensed capacity of 6.4 GW in the region and has registered new projects for the upcoming A-6 energy auction, scheduled to take place in October.

Prumo Logística also announced Carlos Tadeu Fraga as the new CEO of the company, along with three new members for the board of directors.

They are Pedro Parente, president of BRF and former president of Petrobras; Ieda Gomes, former president of Comgás and BP Brazil; and Franklin Feder, chairman of InterCement Participações and former president of Alcoa Latin America.

Transmission auction predicts R$ 4 billion in investments and the generation of over 8,700 job vacancies!

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Paulo Nogueira

Graduated in Electrical Engineering from one of the country's technical education institutions, the Instituto Federal Fluminense - IFF (formerly CEFET), he worked for several years in the offshore oil and gas, energy, and construction sectors. Today, with over 8,000 publications in online magazines and blogs on the energy sector, the focus is to provide real-time information on the Brazilian job market, macro and microeconomics, and entrepreneurship. For questions, suggestions, and corrections, please contact us at informe@clickpetroleoegas.com.br. Please note that we do not accept resumes at this contact.

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