Latin America News

Latest news and developments from Latin America region

• Brazil’s upcoming transmission concession bid attracts 20 bidders

  May 9, 2013
  Twenty companies and consortiums have registered to participate in the May 10, 2013 transmission concession auction hosted by the Brazilian power regulator Agencia Nacional de Energia Eletrica (Aneel).

• Brazilian Copel to spend BRL85 million in city of Londrina by 2014

  May 6, 2013
  Brazil's state-owned power utility Companhia Paranaense de Energia (Copel) has planned to spend BRL85 million to upgrade the transmission network of the city of Londrina by 2014.

• Eletrobras expects BRL12.02 billion extra compensation from Brazilian government

  May 6, 2013
  Brazil's power holding company Centrais Eletricas Brasileiras S.A. (Eletrobras) might receive BRL12.02 billion extra compensation from the government for early renewal of its generation and transmission concessions.

• ProInversión again postpones concession call for Moyobamba–Iquitos line in Peru

  May 6, 2013
  ProInversión, Peru's private investment promotion agency, has again extended the deadline to September 6, 2013, to pay the participation fee and submit qualification documents for the Moyobamba–Iquitos project.

• Ventyx signs USD6.5 million contract with Ecuadorian companies

  May 6, 2013
  Ventyx, a subsidiary of ABB, has signed a USD6.5 million deal with Transelectric, the transmission arm of Ecuador’s power generation company Corporación Eléctrica del Ecuador (Celec) and the country’s National Energy Control Center (Cenac), to provide solutions to manage the Ecuadorian wholesale electricity market.

• ABB receives EUR11 million contract from Brazilian company

  May 3, 2013
  ABB, the Swiss-Swedish power and automation company, has received a EUR11 million contract by Brazilian power supplier AES Eletropaulo to install circuit breakers and instrument transformers in substations in Greater São Paulo in the next five years.

• Brazilian EPE studies transmission system expansion options

  April 30, 2013
  Brazil’s state-run planning company Empresa de Pesquisa Energética (EPE) has started studying available transmission system expansion options to develop an adequate evacuation network for the upcoming wind generation projects in the country.

• Spanish firm Abengoa to launch five transmission projects in Latin countries

  April 30, 2013
  Spanish firm Abengoa has plans to launch five transmission projects worth EUR121 million by end-2013 in Latin American countries.

• Brazilian NBTE to complete second Madeira line by May

  April 26, 2013
  Brazil-based Norte Brasil Transmissora de Energia (NBTE), a special purpose entity (SPE) of the Integracao Norte Brasil consortium, is likely to complete the Coletora Porto Velho–Araraquara 2 Transmission Line by May 2013, a month ahead of schedule.

• Chilean E-CL prepares open sessions for SIC–SING interconnection project

  April 24, 2013
  Chilean power company E-CL, controlled by French utility GDF Suez, is preparing an open session to negotiate with the companies interested in using the 570 km Sistema Interconectado Central (SIC)–Sistema Interconectado del Norte Grande (SING) interconnection during July-October 2013.

• Brazilian Copel begins work on Palmas–Areia line project

  April 23, 2013
  Brazil's state-owned power utility Companhia Paranaense de Energia (Copel) has initiated construction of the BRL19 million Palmas–Areia transmission line.

• Chilean grid company TRANSNET to spend USD26 million

  April 23, 2013
  Chile’s power grid operator TRANSNET, a subsidiary of energy holding group Compañía General de Electricidad (CGE), has planned to invest about USD26 million to construct the Santa Isabel substation for meeting the rising power demand of the Maule region.

• Colombian Transelca receives COP10 billion loan from Banco de Bogota

  April 23, 2013
  Colombia’s second largest transmission company Transelca, owned by state-run power grid operator Interconexion Electrica (ISA), has received a COP10 billion loan from Banco de Bogota bank.

• Colombian ISA to bid for Chilean grid projects

  April 23, 2013
  Colombian state-run grid operator Interconexion Electrica (ISA) has planned to participate in the next power line auctions to be held in Chile.

• Uruguay–Brazil Interconnector project to complete by end-2013

  April 22, 2013
  Construction works on the Uruguay–Brazil Interconnector project are likely to be completed by end-2013.

• Peru postpones concession calls for Mantaro–Montalvo line

  April 18, 2013
  ProInversión, Peru's private investment promotion agency has extended the date of submitting participation fee and qualification fee for the concession Mantaro–Marcona–Socabaya–Montalvo, to May 17, 2013.

• Brazilian company RS Energia initiates works on BRL26 million project

  April 17, 2013
  Brazilian electricity supplier RS Energia, a subsidiary of Eletrosul, has initiated construction works of the BRL26 million power substation in its concession area in the southern Rio Grande do Sul state.

• Chilean firm Enersis to invest USD9.05 billion in Latin America during 2013-17

  April 17, 2013
  Chilean power company Enersis, a subsidiary of Spanish utility Endesa, has planned to invest USD9.05 billion in Latin America during the 2013-2017 period.

• Eletrobras subsidiaries seek partners for upcoming transmission auction

  April 16, 2013
  Centrais Elétricas do Norte do Brasil S.A (Eletronorte) and Eletrosul Centrais Elétricas S.A. (Eletrosul), subsidiaries of federal government-owned power utility Centrais Eletricas Brasileiras S.A. (Eletrobras) have invited separate proposals to select partners to bid for transmission projects in the upcoming transmission auction to be held by the energy regulator Agencia Nacional de Energia Eletrica (Aneel) in May.

• Inadequate transmission network in Brazil to affect wind projects

  April 16, 2013
  As per Brazilian wind energy industry association Associação Brasileira de Energia Eólica (Abeeolica), wind projects aggregating around 1.3 GW capacity will not be able to serve consumers during 2013 due to inadequate transmission infrastructure.