en.Wedoany.com Reported - Brazil's electricity regulatory agency, the National Electric Energy Agency (ANEEL), has approved the transfer of the concession ownership of the 393MW Santo Antônio do Jari hydropower plant to Engie Brasil Energia SA.

Following an application submitted by CEJA to the regulatory body, ANEEL approved the decision during its 9th Deliberative Meeting on June 9, 2026. The plant is located on the Jari River between the municipality of Almeirim in Pará state and the municipality of Laranjal do Jari in Amapá state. ANEEL stated that the transfer resulted from an internal corporate restructuring, whereby CEJA was merged into Engie Brasil Energia, making Engie the successor to all rights and obligations of CEJA under the original concession agreement.

The Santo Antônio do Jari project has been in operation since 2002 under Generation Concession Contract No. 4/2002-ANEEL, with the concession valid until October 29, 2045. ANEEL emphasized that the original concession agreement explicitly allows for the transfer of corporate control and concession ownership. To complete this transaction, the regulatory body approved the corresponding authorization resolution and signed the sixth amendment to the concession contract.

During the concession period of the hydropower plant, its ownership has undergone several changes. In 2008, 90% of the concession was transferred to ECE Participações SA, with JESA holding the remaining 10%. In 2012, JESA's shares were fully acquired by ECE Participações, making it the sole holder. Subsequently, under the fifth amendment to the concession agreement, ownership was transferred from ECE Participações to CEJA in 2020.

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