ENERGY: Brazilian Agency's about to launch Notice to bid for auction re. electric energy transmission lines.

ENERGY: Brazilian Agency's about to launch Notice to bid for auction re. electric energy transmission lines.

Notice with Invitation to Bid for the auction that aims to grant to private enterprise the concession of the right to exploit electric energy transmission lines will be published today at the Brazilian Official Gazette by the Brazilian Electric Energy Agency (ANNEL). Brazilian or foreign legal entities that meet the qualification requirements of the Notice may participate in the Auction, either individually or in a consortium.

The draft of the Notice that was approved yesterday by ANEEL’s board establishes that the auction will offer 12 line lots covering 2,051Km and substations with 6900 MVA. ANEEL expects that the full investment amount reaches up to R$2.8 billion.

The Auction will be held on 2 September 2011, at 10:00, at the headquarters of BM&F BOVESPA – Securities, Commodities and Futures Exchange of São Paulo (Rua XV de novembro, 275, Centro, São Paulo/SP).

The official Notice will be available here tomorrow. Meanwhile, you can find more information at the ANEEL link below. All official information available is in Portuguese. For information in English, please contact me at jaymesilva3@gmail.com

http://www.aneel.gov.br/aplicacoes/noticias/Output_Noticias.cfm?Identidade=4398&id_area=90