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Brazil: Emae seeks partners for $1.7B power project

By  |  July 30, 2019

Brazilian energy company Empresa Metropolitana de Águas e Energia (Emae) is seeking partners for a US$1.7 billion thermoelectric power project due to be tendered in an upcoming government auction, its chief executive told Reuters.

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    The company, owned by the state of Sao Paulo, is in talks with potential investors for the 1.7 gigawatt capacity natural gas project, and the so-called Piratininga Thermal Block I project has already obtained environmental permits from state licensing agencies, Emae CEO Ronaldo Souza Camargo said.

    Full Content: Reuters

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