Energias do Brasil announces partnership with state company Eletronorte to build dams

13 February 2007

Sao Paulo, Brazil, 13 Feb – Energias do Brasil, a Brazilian subsidiary of Portugal’s power company EDP – Energias de Portugal, Monday in Sao Paulo announced a partnership with Brazilian state company Eletronorte for future dam building projects.

The agreement includes carrying out feasibility studies for building two dams in the Sono river region, in the state of Tocantins, in the Central Western region of Brazil.

The studies will assess the feasibility of building the Brejao dam, with a 75 megawatt capacity and the Novo Acordo dam, with a 160 megawatt capacity, the company said in a statement.

The studies are expected to be concluded within 18 months and will then be handed over to Brazil’s National Electrical Energy Agency (Aneel), the sector’s regulator.

In Tocantins, Energias do Barsil already owns the Lajeado dam, with a 900 megawatt capacity, and the Peixa Angical dam, built in partnership with state company Furnas, with a 452 megawatt capacity.

Energias do Brazil controls distribution companies, Bandeirante (Sao Paulo), Escelsa (Esprito Santo state) and Enersul (Mato Grosso do Sul), as well as generation companies, EDP Lajeado, Energesy and Enerpeixe, and sales company Enertrade. (macauhub)