The opportunity refers to a 125 MW (167 MWp) solar plant in Brazil awarded through a federal auction process. The project is currently ready-to-build, with development structured to move directly into the construction phase. The plant is scheduled to reach commercial operation in January 2027 and benefits from 15 years of government-backed contracted remuneration under the federal auction rules.
Regulatory and Environmental Aspects
- Land Access (signed 35 years lease agreement)
- High Voltage Transmission Line Land Access Aug/2022
- Preliminary Environmental License Dec/2020
- Definitive Environmental License Sep/2022
- Grid Access Permission Jan/2022
- Authorization Grant Federal Government ANEEL Aug/2021
- Transmission Line Access Agreement (CUSD) Apr/2022
- Archaeological Authorization Mar/2023
- Ready to Build Apr/2023
Aspects of Power Generation and PPAs
- Project XXXXXXXX I e II
- COD January 2027
- Power Capacity (DC) 167.6 MWp
- Power Capacity (AC) 125.0 MWac
- CapEx BRL 502.8 million
- GF (Year 1) – P50 370,780 MWh
- GF (Year 1) – P90 343,185 MWh
PPA SPV I and II
- Project XXXXXXXX I and II
- Modality Brazilian Auction
- Average Capacity 33.2 MWavg
- Term 15 years
- PPA Supply Period January 2027 – December 2041
- COD January 2027
- Price (Base) BRL 171.95 / MWh
- Indexation IPCA
- Base Date October 2022
- Price (as of Dec 2024) BRL 196.41 / MWh
Further details will be provided upon signing of a non-disclosure agreement (NDA). The transaction price will be determined through negotiations with a willing buyer.