Alusa Ferreira Gomes HPP

Project Information
Country: Brazil Location: State of Amapa
Technology: Large Hydro Development stage: Financial Closure
Status: Construction Number of system(s): 1
Captive facility: No Percentage captive: ..
Contract Information
Type of PPI: Greenfield project Subtype of PPI: Build, operate, and transfer
Contract period (years): 35 Termination year: 2045
Main revenue source(s): PPA/WPA payments Contract award method: Competitive bidding
Bid criteria: Lowest tariff Number of bids: 4
Renewal contract award method: Not Applicable Renewal bid criteria: Not Applicable
Government granting contract: Federal Renewal number of bids: ..
Financial Information
Project company: Ferreira Gomes Energia S.A.
Publicly traded: No Stock market: N/A
Type of government support: ..
PPP project: Yes Related infrastructure by government:
PPP part of public project: No Key features of guarantee:
Key features to support revenue/reduce cost: The company was granted the right to take part in the government program called Regime Especial de Incentivos para o Desenvolvimento da Infra-Estrutura (Reidi). Companies selected to take part in this program were given tax cuts in the acquisition of capital equipment and construction material acquired both in the domestic and international markets (this incentive represented a cost reduction of about 9.25%). In addition, the company was allowed to use accelerated depreciation methods of accounting for construction expenditures. Finally, the electricity sold by the company is not subject to sectoral taxes. Total cost of public project:
PPP type: Services contracted by users Concession period type: Fixed concession Period
Banks/funds involved (depth financing): BNDES
Commissioning date: 2015 Project grid: Sistema Interligado Nacional
Carbon credits: Yes

Sponsor Details

Sponsor % Ownership Country of origin
Alusa 100 Brazil

Project Investment History (proposed investment listed for pipeline projects)

Year % private Payment commitments to the government * Investment commitments in physical assets Capacity Type Government cash subsidy commitments
2012 100 .. 466 252 MW ..

Multilateral Support Details

No details available

Funding Details

Funding year Private debt funding Capital grants Government funding Local public bank funding Donor funding Debt equity grant ratio Private equity funding
2011 77 .. .. .. .. ..
2012 103 .. .. 241 .. ..