Elecnor, through its subsidiary Celeo Redes Brasil, has secured a €213 million investment for the construction and operation of a 388 km transmission line in Brazil, enhancing regional interconnections and fostering economic growth.

Information on the Target

Celeo Redes Brasil, a subsidiary of Grupo Elecnor, has secured the contract for Lot 3 in the Transmission Auction No. 2/2023, conducted by ANEEL on December 15. The project will involve a 500 kV transmission line spanning 388 kilometers, designed as a single circuit with four conductors per phase. This infrastructure will include over 825 towers and will connect the Marimbondo 2 substation in Minas Gerais to the Campinas substation in São Paulo.

Elecnor do Brasil will execute the project using the EPC (Engineering, Procurement, and Construction) model, which encompasses a complete 'turnkey' solution. This initiative will also necessitate the expansion of both substations, contributing to enhanced regional interconnections and increased export capacity in the North and Northeast regions of Brazil. Construction is expected to take 36 months and will create 2,058 direct jobs.

Industry Overview in Brazil

The Brazilian transmission sector is undergoing significant growth, driven by the increasing demand for electricity and the need for robust infrastructure to support energy distribution across the count