With Sterlite’s Prior License for Transmission Line in Northern Brazil, the Purchase of Amazonas Energia by Oliveira Energia/Atem Consortium Approved by Cade, and the Application of R$ 202 Million by Energisa in 2019, Brazil’s Energy Market Has a Promising Future.
A Sterlite Power received from Ibama the environmental license for one of the company’s largest projects in Brazil, which includes the implementation of a 1831 km transmission line between the states of Pará and Tocantins. The project, won in Aneel’s auction in December 2017, will have 4,000 towers and 32,000 km of cables that will contribute to the expansion of the North-Southeast and North-Northeast interconnections, in addition to part of the energy flow from the Belo Monte Hydroelectric Plant.
The project forecasts the generation of 5,500 (at the start of the project) to 8,000 (at peak operation) jobs in the municipalities of Anapu, Pacajá, Senador José Porfírio, Vítoria do Xingu, Curionópolis, Parauapebas, Itupiranga, Novo Repartimento, Marabá, Eldorado do Carajás, Floresta do Araguaia, Rio Maria, Sapucaia, and Xinguara – in Pará – and Araguaína, Arapoema, Bandeirantes do Tocantins, Pau D’arco, Bernardo Sayão, Brasilândia do Tocantins, Colméia, Fortaleza do Tabocão, Guaraí, Itaporã do Tocantins, Miranorte, Pequizeiro, Presidente Kennedy, and Rio dos Bois – in Tocantins. In Curinópolis, for example, where one of the substations will be built, it is estimated that over a thousand job positions will open.
Cade Approves the Purchase of Amazonas Energia by Oliveira Energia/Atem Consortium
The Administrative Council for Economic Defense (Cade) approved, with no restrictions, the purchase of Amazonas Energia by the Oliveira Energia/Atem Consortium, according to a dispatch published in the Official Gazette of the Union (DOU) this Monday, the 18th. The distributor, auctioned on December 10, was the most deficit in the Eletrobras group and was acquired by companies that operate in energy generation and fuel distribution in the state.
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The purchase was questioned by Go Power & Air, which alleged a risk of market verticalization in the state, as Oliveira Energia, one of the new controllers of the distributor, could favor the rental of its own equipment, since 95 locations in the state are off the grid and use rented equipment. However, Cade’s General Superintendence assessed that the deal does not present major issues, as there is no excessive market concentration, and decided to ratify the operation.
The Oliveira Energia/Atem Consortium was the only bidder in the auction. By acquiring Amazonas Energia, the group committed to making a capital injection of R$ 491 million in the company and making investments totaling R$ 2.7 billion over five years. The new controllers will also need to seek financial improvement for the distributor, which will change owners with a debt of R$ 2.2 billion.
Energisa Will Invest R$ 202 Million in Paraíba in 2019
Aiming to modernize and improve services provided to approximately 1.6 million customers, spread across 222 municipalities, Energisa Paraíba and Energisa Borborema announced an investment plan of R$ 202 million for this year in their concession areas. This amount is 23% higher than what was invested in 2018. Focus will be on serving new loads and expanding networks, as well as maintaining and replacing assets, combating energy theft, and improving internal processes and team training.
Among the main planned works is the construction of two substations – one in Bayeux and another in the Altiplano neighborhood. The first will serve 40,000 customers, including Castro Pinto Airport and the Regional Hospital of Santa Rita, and the second aims to meet market growth, especially in the real estate sector. Additionally, the fifth headquarters of the company will be built in Sousa, at a cost of R$ 3 million, and four substations will be expanded, as well as a sectioning station in Cabedelo.
Thus, the company remains an essential vector for the economic and social development of the region. “The work is relentless towards service excellence and participation. But nothing could be done without having, in our ranks, people from Paraíba serving fellow Paraíba residents. Today, 84% of our nearly two thousand employees are local residents,” emphasized Ricardo Charbel, CEO of Energisa in Paraíba.

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