Fonte: ANEEL

The Transmission Auction 01/2013 conducted today (May 10) by the Brazilian Electricity Regulatory Agency (ANEEL) at Bovespa, in São Paulo, ended with discount 11.96% discount, which means that the investment funds of entrepreneurs will be lower than the value initially expected, contributing to moderate energy tariff. The average Annual Revenue Allowed (RAP)* to be obtained after the exploration of developments starts will be R$ 398.1 million versus R$ 452.2 million initially established.

From the ten lots offered in the auction, four (D, E, F and J) were ended without any interested party and may be included in the next auctions to be conducted by ANEEL. Even without any bid in these lots, Director Julião Silveira Coelho considered the auction as satisfactory. “The transmission investment model is safe and the return is ensured. In other auctions, some lots didn’t attract interest from any party either, and, in these cases, we believe that the problems were small gain and land issues in some regions”, he said.

Abengoa Concessões Brasil Holding S/A ended with three lots (B, C and I). Lot B has two transmission lines in the states of Piauí, Pernambuco and Ceará. Lot C includes two transmission lines in the states of Maranhão, Piauí and Ceará, and its objective is to compensate for an unfavorable hydrological condition in the Southeast/Central West regions and the significant growth of demand in the region. Lot I, with five transmission lines and one substation located in the states of Pará and Tocantins, has the purpose of expanding the transmission capacity in the North region, connecting to North-Northeast axes, as part of the solution for the integration of large power plants.

Lot A was acquired by Gilbués (Engeglobal Construções Ltda e Bimetal Indústria Metalúrgica Ltda) Consortium, for R$ 34.5 million, representing a discount of 23.7% in relation to the Annual Revenue Allowed (RAP) foreseen by ANEEL, in the amount of R$ 44.9 million. A Neoenergia S/A won Lot G, which has the 500 KV transmission line of Campina Grande III – Ceará Mirim II, in the states of Paraíba and Rio Grande do Norte. Isolux Energia and Participações S/A won Lot H for R$ 52.7 million, with discount of 15.10% in relation to the initial Annual Revenue Allowed (RAP) of R$ 62.1 million established by ANEEL. See the description of lots here.

The new facilities will demand investments of around R$ 5.3 billion, with generation of 18,356 direct jobs. The construction deadline will be 22 to 36 months and the duration of concession agreements is 30 years. (PG/DB)

*Reference Annual Revenue Allowed(RAP)–the annual revenue the transmission company will have right to for providing the public service of transmission to users, starting when the plant begins its commercial operations. This value is obtained as a result of the auction, with annual correction using the Extended National Consumer Price Index(IPCA) of the Brazilian Institute of Geography and Statistics (IBGE), with revision every five years, according to provisions in the concession agreement.