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Investments in the Energy Market: CSN Mining Completes Purchase of the Quebra-Queixo Hydroelectric Plant and Aims for National Expansion

Written by Ruth Rodrigues
Published on 11/10/2022 at 09:59
A CSN Mineração agora mira na produção de energia e crescimento no mercado nacional do recurso. Meses após o início da operação, a companhia anunciou a finalização da compra da usina hidrelétrica Quebra-Queixo nesta semana.
Foto: Divulgação/Portal de Turismo de Ipuaçu
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CSN Mining Now Targets Energy Production and Growth in the National Resource Market. Months After the Start of Operations, the Company Announced the Completion of the Purchase of the Quebra-Queixo Hydroelectric Plant This Week.

A Giant in the National Industry, CSN Mining, a subsidiary of the CSN group, Announced Another Major Acquisition for Its Future Growth in the Market. This Involves the Acquisition of Companhia Energética Chapecó, a Company That Holds the Rights to Exploit the Quebra-Queixo Hydroelectric Plant. The Company Is Eyeing the Brazilian Energy Market and Plans to Take Advantage of the Current Moment to Expand Its Business Portfolio.

After Months of Transaction, CSN Mining Completes Acquisition of the Quebra-Queixo Hydroelectric Plant and Expands Its Asset Portfolio in the National Energy Market

The Brazilian Energy Market Has Been Attracting Investors’ Attention Throughout 2022, and Transactions in the Sector Are Growing Larger.

Now Is the Time for CSN Mining and CSN Energy, Subsidiaries of the CSN Group, to Invest in the Sector to Expand Their Presence in the National Industry.

This Week, the Mining Company Announced the Completion of the Acquisition Transaction of Companhia Energética Chapecó, a Company That Holds the Rights to Exploit the Quebra-Queixo Hydroelectric Plant, a Strong Asset in the Brazilian Energy Market.

The Purchase Operation Started in July and Spent the Last Few Months in Analyzing and Negotiating Phases Between the Companies.

This Is a Strong Acquisition to Ensure Future Operational Quality for the Company, Given the Growing Projection of Electricity Consumption After Recent Acquisitions and Ongoing Medium- and Long-term Projects.

The Installed Capacity of the Quebra-Queixo Hydroelectric Plant Totals 120 Megawatts (MW) Currently and Is One of the Most Important for Ensuring National Energy Security.

Acquisition of the Quebra-Queixo Hydroelectric Plant Marks the Second Step Taken by the Mining Company in the Brazilian Energy Market in 2022

The Acquisition of the Quebra-Queixo Hydroelectric Plant, While a Major Step Taken by CSN Mining in the National Energy Market, Was Not the First Major Transaction in the Sector Made in 2022.

This Is Because the Company Had Already Closed a Deal to Purchase Companies Responsible for Operating Two Hydroelectric Plants, One in Santa Catarina and Another in Mato Grosso.

The Company Santa Ana Energética Was One of the Transactions Firmed in Recent Months with CSN Mining.

It Is the Main Responsible for the Administration and Operation of the Santa Ana Hydroelectric Plant, One of the Most Important in the State of Santa Catarina.

Topázio Energética and Its Controlled Company Brasil Central Energia Operate the PCH Sacre II in Mato Grosso and Are Strong Assets in the Brazilian Energy Market.

CSN Mining Is One of the Largest Consumers of the Resource in the National Industrial Sector, and the Acquisition of the Quebra-Queixo Hydroelectric Plant and Other Assets in the Market Demonstrates Its Interest in Expanding This Consumption.

Currently, the Generated Energy Already Meets All the Company’s Needs, but the Company Intends to Expand Its Presence in the National Market and Invests in the Energy Sector.

Learn More About CSN Mining

CSN Mining Is the Second Largest Exporter of Iron Ore in Brazil and Is Among the Five Most Competitive in the Transoceanic Market.

Currently, the Company Holds Certified Reserves of Over 3 Billion Tons According to the Joint Ore Reserves Committee (JORC), in Addition to the Casa de Pedra and Engenho Mines, the Pires Beneficiation Complex, Participation in the MRS Railway, and a Captive Terminal for Exporting Iron Ore at the Port of Itaguaí (TECAR).

Ruth Rodrigues

Formada em Ciências Biológicas pela Universidade do Estado do Rio Grande do Norte (UERN), atua como redatora e divulgadora científica.

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