ISA CTEEP Awarded $1.7 Bln Projects in Brazil

(Energy Analytics Institute, Ian Silverman, 30.Jun.2018) – The company was awarded two areas that total 2,560 kilometers of transmission lines, and substations with transformation capacity of 12,230 mega-volt amperes.

The announcement came as part of an auction of 20 energy transmission projects carried out by the National Agency of Electric Power of Brazil (Aneel by its Portuguese acronym) with the aim to strengthen Brazil’s national interconnected system, reported the daily El Tiempo.

“The company will invest close to $1.680 billion in the next five years,” reported the daily, citing Reynaldo Passanezi Filho, president of ISA CTEEP, an affiliate of Interconexión Eléctrica S.A. (ISA).

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Author: ENERGY ANALYTICS INSTITUTE (EAI)

Energy Analytics Institute (EAI) is a Houston-based independent think-tank providing unbiased research, analysis, commentaries, opinions and breaking news related to the petroleum sectors in the Latin American and Caribbean regions.

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