Project company: |
Brasventos Eolo Geradora de Energia, Rei dos Ventos Geradora de Energia and Brasventos Miassaba 3 Geradora de Energia |
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 government periodically runs public bidding for the sale of energy to the country´s distribution companies. The three power plants controlled by Brasventos won the public bidding that took place in 2009, by offering an average tariff of US$ 76.5/MWh (BRL 153/MWh). 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 accelated 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: |
Variable concession Period |
Banks/funds involved (depth financing): |
BNDES |
Commissioning date: |
2013 |
Project grid: |
Sistema Interligado Nacional |
Carbon credits: |
No |
Sponsor Details
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
|
51
|
..
|
378
|
166
|
MW
|
..
|
Multilateral Support Details
Funding Details
Funding year
|
Private debt funding
|
Capital grants
|
Government funding
|
Local public bank funding
|
Donor funding
|
Debt equity grant ratio
|
Private equity funding
|
2012
|
..
|
..
|
..
|
197
|
..
|
|
..
|