BNDES Approves R$ 3.93 Billion For Construction Of New Thermoelectric Plant At Porto do Açu

Written by Roberta Souza

Published on 16/01/2021 at 11:18

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Funding Released by BNDES Will Be Directed to UTE GNA II and to the Implementation of the Thermoelectric Plant at Porto do Açu

The National Bank for Economic and Social Development – BNDES, approved the funding requested by GNA – Gás Natural Açu, intended for UTE GNA II and for the implementation of the thermoelectric plant at Porto do Açu. The financing granted to the joint venture formed by Prumo Logística, BP, and Siemens will be for the construction of the largest natural gas thermoelectric park in Latin America, in the Açu Complex.

Details of the Thermoelectric Plant:

The thermoelectric plant is located at Porto do Açu, in the municipality of São João da Barra, northern region of the state of Rio de Janeiro. The thermoelectric plant will have four generators, three powered by natural gas and one by steam. The total installed capacity will be 1,673 megawatts, enough to supply 7.8 million households.

The project is part of a natural gas thermoelectric park built by GNA at Porto do Açu. The first UTE GNA I of the plant, with an installed capacity of 1,338 MW, also received financial support from BNDES and is expected to begin operations in the first half of this year.

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The CEO of GNA, Bernardo Perseke, says that “Today is a very important day for GNA. The approval of funding with BNDES enables a very significant investment in Brazil and in the State of Rio, a sign of confidence for the recovery of the economy in the post-pandemic period. Furthermore, the presence of BNDES in the financing of UTE GNA II demonstrates its confidence in GNA’s strategic vision for creating a gas hub at Porto do Açu.”

Carla Primavera, Superintendent of the Energy Area at BNDES, “The financing also includes an innovation component, a credit structure that ensures long-term resource sources necessary for the implementation of the project, but also provides the client with the option to choose another financing and the best time for its raising. The innovation aligns with BNDES’s strategy to encourage the development of the credit market for infrastructure projects in Brazil, also seeking innovations that allow for risk sharing.”

BNDES Approves R$ 3.93 Billion For Construction Of New Thermoelectric Plant At Porto do Açu

Funding Released by BNDES Will Be Directed to UTE GNA II and to the Implementation of the Thermoelectric Plant at Porto do Açu

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BNDES Approves R$ 3.93 Billion For Construction Of New Thermoelectric Plant At Porto do Açu

Funding Released by BNDES Will Be Directed to UTE GNA II and to the Implementation of the Thermoelectric Plant at Porto do Açu

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