In front of Brazil’s energy Transmission Auction planned for December in SГЈo Paulo, worldwide audiences will discover why Brazil’s old-fashioned and renewable power companies are ripe for company and investment possibilities
News supplied by
Share this short article
BRASГЌLIA, Brazil , /PRNewswire/ — Tomorrow Apex-Brasil, the Brazilian Trade and Investment marketing Agency, together with the nationwide electrical power Agency (ANEEL), is hosting an event that is virtual emphasize key investment possibilities in Brazil’s power sector. Planned in front of ANEEL’s future energy Transmission Auction in December, this occasion provides together energy running businesses, economic agents and much more to find out more about the concrete actions the government that is brazilian taken fully to place the nation for strong development in the power sector. Attendees may also gain a knowledge associated with the nation’s eyesight for general public and private investments that are foreign the power industry, along with other key companies in Brazil .
Driving the conversation is likely to be prominent federal government officials at the forefront of Brazil’s power sector, including Minister of Mines and Energy Bento Albuquerque and Secretary of Energy, Oil, Gas and Mining during the Unique Secretariat of this Investment Partnerships Program (PPI) RomГЎrio Batista, in addition to key leaders from Apex-Brasil and ANEEL.
Minister Albuquerque indicated optimism concerning the upcoming energy Transmission Auction among the key actions towards financial data data recovery amidst the pandemic that is COVID-19. The electricity sector happens to be among the biggest locations of international investment that is direct Brazil. ” Brazil has nearly 176,000 MW of installed ability, about 158,000 KM of transmission lines and 85 Million customer devices. Our objective is always to increase customers’ energy of choice, guarantee supply adequacy with a high shares of clean sources and distributed power resources and supply our bodies with brand new technologies and company models. And, there was another reasons why 35% of this total international money spent in Brazil had been focused in Mines and Energy: international investors and their latin brides real or fake long-lasting assets are addressed with respect and equality in Brazil “, stated Minister Albuquerque.
Roberto Escoto , Investment Manager at Apex-Brasil proceeded: “because it is globally competitive in nature as we transition to thinking about what comes next after the pandemic, the power sector is a key priority for Brazil. Just consider that, the Brazilian power sector alone created USD $ 4.6 billion in international direct investment (in accordance with BACEN). Brazil held its very first energy auction and has finessed its model ever since then, applying learnings from 50 deals to-date to make auction a success. Apex-Brasil happens to be proud to partner with businesses like ANEEL to complete our component to aid and develop the vitality sector in Brazil , both through the next day’s digital occasion, throughout the future auction, and beyond.”
Planned in SГЈo Paulo, ANEEL’s energy Transmission Auction will feature the construction, procedure, and upkeep of 16 transmission lines and 12 substations situated across Brazil . The next day’s occasion will underscore the objectives of this auction, that is expected to generate USD $1.3 billion in investment and produce as much as 15,000 construction that is new. In addition, individuals will find out about the Brazilian federal government’s dedication to boosting the united states’s clean power abilities, including a significant expansion of current wind energy flowers during the fundamental system of this Southern region which will be showcased during the auction, that may significantly increase power movement and connectivity in the united kingdom.
For more information on tomorrow’s occasion, ” Transmission Auction: company and investment possibilities into the Brazilian energy sector”, please go to
For more information about Apex-Brasil, please go to.
About Apex-BrasilThe Brazilian Trade and Investment advertising Agency (Apex-Brasil) works to market Brazilian services and products abroad, and also to attract international investment to strategic sectors for the Brazilian economy. Apex-Brasil organizes several initiatives intending to advertise Brazilian exports abroad. The AgencyВґs efforts comprise trade and potential missions, company rounds, help when it comes to involvement of Brazilian businesses in major worldwide trade fairs, arrangement of technical visits of international purchasers and viewpoint manufacturers to know about the Brazilian effective framework, along with other choose activities built to fortify the nation’s branding abroad. Apex-Brasil additionally plays a role that is leading attracting international direct investment (FDI) to Brazil , by trying to recognize online business offerings, marketing strategic activities and lending help to international investors prepared to allocate resources in Brazil .