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Home Engie's thermoelectric plant in Santa Catarina is being negotiated with FRAM Capital

Engie's thermoelectric plant in Santa Catarina is being negotiated with FRAM Capital

5 March 2021 to 16: 53
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Thermoelectric plant, Engie, Santa Catarina
Jorge Lacerda Thermoelectric Complex

The thermoelectric plant, which has an installed capacity of 857 MW, in Capivari de Baixo, Santa Catarina, is part of Engie's decarbonization plan

Engie granted FRAM Capital the exclusive right to purchase the Jorge Lacerda thermoelectric plant. The contract is valid for 120 days and will be used for project review. The Thermoelectric Complex has an installed capacity of 857 MW and is located in Capivari de Baixo, in the state of Santa Catarina. The divestment is part of Engie's decarbonization plan, which aims to focus its business on renewable energy and transition fuels towards a low-carbon economy.

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The company is looking for alternatives to coal-fired assets and thermoelectric power plants are one of them. Some suggestions were analyzed, but a balance was not reached in the negotiation between risk allocation and sales conditions.

From then on, Engie decided to deepen discussions about the future of the terminal with different areas of government, class associations and civil society. Currently, an alternative plan for the phased sale and retirement of assets is described in detail.

The Thermoelectric Complex

Located in the municipality of Capivari de Baixo, SC, the Jorge Lacerda Thermoelectric Complex was designed by Federal government in the 1960s to use mineral coal from the southern region of Santa Catarina and provide the electrical system with a strategic reserve, especially in periods of scarce rainfall.

It consists of seven generating groups, grouped into three plants: Jorge Lacerda A, with two generating units of 50 MW and two of 66 MW each, Jorge Lacerda B, with two units of 131 MW each, and Jorge Lacerda C, with a generator of 363 MW, totaling 857 MW. The physical guarantee for the commercialization of its energy is 649,9 MW average and its authorization for operation is valid until 2028.

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