ISA CTEEP wins two lots in one of the largest transmission auctions in Brazil's history
  • Company wins Lots 3 and 6
  • ANEEL's investment forecast for these projects reaches R$ 3.9 billion - 25% of the total amount of the tender
  • Company strengthens national expansion with more than 1,000 km of transmission lines in Espírito Santo and Minas Gerais
São Paulo, June 30, 2022 - Focused on the strategy of growth with sustainable value generation and national expansion, ISA CTEEP, a leader in the transmission sector in Brazil, has won lots 3 and 6 in one of the largest transmission auctions in the country's history, held today by National Electric Energy Agency (ANEEL), at the headquarters of B3 S.A. - Brasil, Bolsa, Balcão (B3), in São Paulo. A total of around R$ 3.9 billion will be invested (ANEEL Capex) for the construction of approximately one thousand km of transmission lines and substations, representing 25% of the auction's total investment.

"This is the highest investment we make in one single auction since 2016. This important achievement is in line with our strategy of generating sustainable value, through projects that contribute to expanding the Brazilian electric energy transmission system, strengthening our activities beyond São Paulo", explains Rui Chammas, ISA CTEEP's CEO.

Lot 3 will enable the expansion of the energy flow capacity of the northern region of Minas Gerais. The main distinguishing feature of this lot is the boosting of the sustainable agenda in the energy sector, since it will contribute to the flow of energy generated by renewable sources.
Lot 6 is aimed at supplying the loads in the region of Guarulhos (SP).

A total of eight thousand jobs will be created.

Check the details of the lots won:
Lot Composition Location ANEEL Capex RAP Jobs Line length
3 - 5 500-kV transmission lines
-1 345-kV transmission line
3 substations
MG/ES R$ 3.7 billion R$ 285.7 million 7,307 1,139 km
6 - Reinforcements at Água Azul substation SP R$ 232 million R$ 13.4 million 663 _______
Total ___________ MG/ES/SP R$ 3.9 billion R$ 299.2 million 7,970 1,139 km


With the lots won in this auction, the company totals 16 projects won in auctions since 2016, which add up to an ANEEL investment of over R$ 10 billion and provide an increase in the Annual Allowed Revenue (RAP) of approximately R$ 983 million. Of these projects, ISA CTEEP has already energized seven with an average 7-month advance over the regulator's schedule.

This year' s first auction offered thirteen lots in 13 states of the country. According to ANEEL, the total estimated RAP is R$ 2.8 billion. Also according to the regulatory agency, around 31.7 thousand direct jobs will be created with the project's construction, encompassing R$ 15.3 billion investments and 5,425 km, of transmission lines and 6,180 megavolt-amperes (MVA) transformation capacity of substations. The agreements will be effective for 30 years, and the term for the completion of works ranges from 42 to 60 months. The execution of the agreements is scheduled for September this year.

About ISA CTEEP

With a staff comprising over 1,400 employees, ISA CTEEP is present in 17 States, operating a complex transmission network, responsible for the flowing of 30% of all electricity consumed in the country, and 92% of the State of São Paulo. Its electric system comprises over 21 thousand kilometers of transmission lines and 137 own substations (assets in operation and under construction) with voltages up to 550 kV. Its main shareholder is the Colombian company ISA, holder of 35.82% of the total capital.

Press information - ISA CTEEP
RPMA Comunicação
Kelly Queiroz - (11) 94216-3176
[email protected]

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CTEEP - Companhia de Transmissão de Energia Elétrica Paulista published this content on 06 July 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 July 2022 21:53:03 UTC.