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Brazil: Emae seeks partners for $1.7B power project

 |  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.

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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