CSN Mineração is now targeting energy production and growth in the domestic 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 domestic industry, CSN Mineração, a subsidiary of the CSN group, announced yet another major acquisition for its future market growth. This is the acquisition of Companhia Energética Chapecó, the company that owns the exploration rights of the Quebra-Queixo hydroelectric power plant. The company is eyeing the Brazilian energy market and intends to take advantage of the current moment to expand its business portfolio in the field. 

After months of transaction, CSN Mineração finalizes acquisition of Quebra-Queixo hydroelectric plant and expands portfolio of assets in the national energy market

The Brazilian energy market has been attracting the attention of investors throughout 2022 and transactions in the sector are increasing. 

Now is the time for CSN Mineração and CSN Energia, 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 transaction for the acquisition of Companhia Energética Chapecó, the company that owns the rights to explore the Quebra-Queixo hydroelectric power plant, a strong asset in the Brazilian energy market. 

The purchase operation began during the month of July and has spent the last few months in the analysis and negotiation phases between the companies. 

This is a strong acquisition to guarantee the company's future operational quality, given the growing projection of electricity consumption after recent acquisitions and projects under development in the medium and long term.

The installed capacity of the Quebra-Queixo hydroelectric plant currently totals 120 megawatts (MW) and is one of the most important for guaranteeing national energy security. 

Purchase of the Quebra-Queixo hydroelectric plant marks the second step taken by the mineral company in the Brazilian energy market in 2022

The acquisition of the Quebra-Queixo hydroelectric power plant, although a major step taken by CSN Mineração in the domestic energy market, was not the first major transaction in the field carried out in 2022. 

This is because the company had already closed an agreement to buy 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 signed in recent months with CSN Mineração. 

She is largely responsible for the administration and operation of the Santa Ana hydroelectric power plant, one of the most important in the state of Santa Catarina.

Topázio Energética and its subsidiary Brasil Central Energia operate PCH Sacre II, in Mato Grosso, and are strong players in the Brazilian energy market.

The company CSN Mineração 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 demonstrate its interest in expanding this consumption. 

Currently, the energy generated already meets all the company's needs, but the company intends to expand its presence in the domestic market and invests in the energy sector. 

Learn more about CSN Mineração

CSN Mineração is the second largest exporter of iron ore in Brazil and is among the five most competitive in the seaborne market.

Currently, the company has more than 3 billion tons of certified reserves 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 railroad and a captive terminal for exporting iron ore at the Port of Itaguaí (TECAR).