ENGIE Secures Two Major Concessions in Brazil for 30 Years
ENGIE has won two lots in a tender organized by the Brazilian Electricity Regulatory Agency (ANEEL) on March 27, 2026. The concessions involve the construction and operation of 143 kilometers of electricity transmission lines and 5 synchronous compensators.
Details of the Concessions
The concessions awarded to ENGIE include the construction, operation, and maintenance of 143 kilometers of electricity transmission lines connecting the states of Paraná and Santa Catarina in southern Brazil, as well as the installation of 5 synchronous compensators in the states of Ceará and Rio Grande do Norte in the northeast of the country. These synchronous compensators are used to generate reactive power to stabilize the electrical grid.
Concession Terms and Financial Aspects
The concessions are granted for a period of 30 years. The successful bids offered a final authorized annual revenue of R$122.7 million. These long-term concession contracts benefit from regulated and predictable revenues, which are indexed to inflation.
ENGIE's Role in South American Energy Infrastructure
ENGIE is a key player in the development of strategic energy infrastructure in South America, including Chile, Peru, and Brazil. The group already operates 6,000 kilometers of electricity transmission lines, including 3,200 in Brazil, and 56 electrical substations, including 22 in Brazil. Additionally, 1,600 kilometers of additional lines and 14 new electrical substations are currently under construction. In Brazil, ENGIE has an installed renewable production capacity of 16.5 GW, comprising hydroelectric, onshore wind, and solar assets.
