Neoenergia and CCR Sign Pioneering Wind Energy Self-Production Agreement to Supply 60% of Energy Demand and Reduce Emissions

Written by Rafaela Fabris

Published on 11/11/2024 at 21:53

Neoenergia vende participação à CCR por R$ 21,7 milhões. (Imagem: Reprodução)

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Partnership Between Neoenergia And CCR Seeks To Reduce Emissions With Autoproduction Of Wind Energy To Supply 60% Of CCR’s Energy Demand

Neoenergia (NEOE3) announced this Monday (11) an important agreement with subsidiaries of CCR (CCRO3) for the autoproduction of wind energy, an initiative aimed at decarbonizing CCR’s operations and ensuring that 100% of its assets are supplied by renewable sources by 2025.

This project marks the first contract of its kind signed by the mobility company, directly addressing 60% of the current energy demand of its concessions in São Paulo.

The agreement involves the sale, by Neoenergia, of minority stakes in wind farms of the Oitis complex, in Piauí, to CCR’s subsidiaries, for a value of R$ 21.7 million.

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The energy produced will be destined for the consumption of CCR’s operations for a period of 16 years, with the supply expected to begin in January 2025.

The generated energy will total 44 average megawatts (MWm), a volume that significantly contributes to CCR’s sustainability goals and its commitment to clean energy.

The autoproduction modality, growing in Brazil, allows companies to become co-producers by investing in power generation plants, ensuring access to incentives that reduce costs, such as exemptions from sectorial charges.

Free Energy Market

Thus, CCR will be able to optimize its energy expenses while strengthening its sustainability strategy. This project, in addition to supporting its transport operations, contributes to CCR’s emissions neutralization goal, which in 2023 had already migrated to the free energy market, acquired renewable energy certificates (IRECs), and invested in solar generation.

For Neoenergia, the partnership represents a long-term revenue source and a boost to its strategy of expanding renewable generation sources.

“This agreement ensures financial stability with adequate profitability and reaffirms our commitment to sustainable investments,” said Hugo Nunes, Executive Director of Liberalized Business at Neoenergia.

The contract is still subject to approval by regulatory entities, including the Administrative Council for Economic Defense (Cade).

Neoenergia and CCR Sign Pioneering Wind Energy Self-Production Agreement to Supply 60% of Energy Demand and Reduce Emissions

Partnership Between Neoenergia And CCR Seeks To Reduce Emissions With Autoproduction Of Wind Energy To Supply 60% Of CCR’s Energy Demand

Free Energy Market

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Neoenergia and CCR Sign Pioneering Wind Energy Self-Production Agreement to Supply 60% of Energy Demand and Reduce Emissions

Partnership Between Neoenergia And CCR Seeks To Reduce Emissions With Autoproduction Of Wind Energy To Supply 60% Of CCR’s Energy Demand

New Modal In Neoenergia

Free Energy Market

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