Friday, August 6, 2010

Santo Antonio hydro to launch operations in December 2011 - Brazil

Brazilian concessionaire Santo Antonio Energia aims to launch commercial operations at the 3.15GW Santo Antonio hydro by December next year, a spokesperson for the firm told BNamericas.
"Works are being done to launch commercial operations in December 2011. The last generator unit will be online by 2015," the spokesperson said.
The hydro plant is being built on the Madeira river in the Amazon region.
Construction is now 29% complete, according to the spokesperson.
Brazilian power company Eletrobras Furnas holds a 39% stake in the Madeira Energia group that controls Santo Antonio Energia.
Madeira Energia also includes Odebrecht with a 1% stake, its subsidiary Odebrecht Investimentos em Infra-estrutura (18%), engineering firm Andrade Gutierrez Participacoes (12%) and Brazilian power company Cemig (NYSE: CIG) with 10%.
By João Carvalho

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