Auction Completed for 8 Lots of Brazil's BRL 8.8 Billion Power Transmission Projects

en.Wedoany.com Reported - On October 30, Brazil's National Electric Energy Agency (ANEEL) completed Auction No. 4/2026 for power transmission concessions at the B3 Exchange in São Paulo, with all 8 lots successfully awarded, corresponding to estimated investments of approximately BRL 8.8 billion. The Brazilian subsidiary of a Spanish-backed company won 7 of the lots, with estimated investments of approximately BRL 8.56 billion. The projects cover 7 states in Brazil and involve 1,866 km of new transmission lines and 12,694 MVA of new substation capacity.

Celeo Redes Brasil, a subsidiary of Spanish power company Celeo, won Lots 4 and 8. Lot 4 involves estimated investments of approximately BRL 4.1 billion and covers transmission projects in the states of Mato Grosso do Sul, Paraná and Goiás, including the 620 km Rio Brillante–Sarandi 500 kV transmission line, another two 500 kV line sections totaling 547 km, and two substations equipped with 2,400 MVA and 1,200 MVA of transformation capacity respectively. Lot 8 involves estimated investments of BRL 753.2 million and will install 3 synchronous condensers at the Porto Velho collector substation in the state of Rondônia.

Spanish company Cymi won two lots in the states of São Paulo and Paraná, with planned investments of approximately BRL 1.1 billion and BRL 982.5 million respectively. Neoenergia, the Brazilian power company under Iberdrola, won two lots in the states of Bahia and Paraíba, with combined investments of approximately BRL 1.16 billion; Lot 1 in Bahia includes 238 km of new lines, operation and maintenance of 483 km of existing lines, and a new 100 MVA transformer at the Brumado II substation. Cox won a project in Paraná with estimated investments of BRL 480 million, and Portuguese power company EDP secured a transmission project between Goiás and Bahia with estimated investments of BRL 317 million.

In this auction, the winning companies submitted annual permitted revenue bids totaling BRL 811 million, a decrease of 50.10% from the cap of BRL 1.625 billion set by the regulator. The related concession period is 30 years, and the projects are scheduled to enter commercial operation within 42 to 60 months after the signing of the concession contracts.