Abengoa wins three new electricity transmission concessions for the Brazilian Electricity Regulatory Agency
- The project, worth approximately euro 1.0 billion, will enable part of the country’s energy consumption to be supplied in an efficient and sustainable way.
SEVILLE, Spain, May 13, 2013 /PRNewswire/ — Abengoa (MCE: ABG.B), the company that applies innovative technology solutions for sustainability in the energy and environment sectors, has been chosen by the Brazilian Electricity Regulatory Agency, Agencia Nacional de Energia Eletrica (ANEEL) to carry out a new electricity transmission project in the country. The contract, which is worth approximately EUR1.0 billion, will enable part of the country’s energy consumption to be supplied in an efficient and sustainable way.
Abengoa will be responsible for carrying out the engineering, design, construction, maintenance and commissioning of the three electricity transmission concessions, which will cover 2,079 kilometers, ensuring the highest levels of quality at every stage. The project is expected to be completed within 36 months.
The first concession comprises a transmission line covering 615 kilometers in the states of Pernambuco, Piaui and Ceara, while the second concession involves the construction of a 544-kilometer transmission line in the states of Maranhao, Piaui and Ceara. The third and final concession won by Abengoa consists of a single transmission line of 920 kilometers and a substation, located in the states of Para and Tocantins.
Abengoa has already carried out other projects for the Brazilian Electricity Regulatory Agency, including the Linha Verde and Norte Brasil lines, and the most recent project awarded in December, which involves three new lines with a total length of 2,500 kilometers.
This latest project will further develop Abengoa’s experience with transmission lines, consolidating its leadership within this sector in Latin America, where it has more than 20,000 kilometers of this type of transmission projects. It has also participated in developing nearly 10,000 kilometers of electricity transport infrastructures in Brazil.
Abengoa (MCE: ABG.B) is a company that applies innovative technology solutions for sustainability in the energy and environment sectors, generating electricity from the sun, producing biofuels, desalinating sea water and recycling industrial waste. (www.abengoa.com)
Communication Department: Investor relations Patricia Malo de Molina Melendez. Barbara Zubiria Furest. Tel: +34 954 93 71 11 Tel: +34 954 937 111 E-mail: email@example.com E-mail: firstname.lastname@example.org