March 3, 2021
The Corporacion Andina de Fomento (CAF), or the Development Bank of Latin America, has approved a loan of USD300 million to Uruguay's state-run power company, Administracion Nacional de Usinas y Trasmisiones Electricas (UTE), for implementing the Electric Sector Strengthening Programme – Phase III.
March 1, 2021
Recently, the Paraguayan government approved financial support of USD203 million for the country’s state-owned power company, Administración Nacional de Electricidad (ANDE), from Itaipu Binacional, operator of the Itaipu hydro power project (HPP) on Paraná River at the Brazil–Paraguay border.
December 3, 2020
Recently, Colombian power company Interconexión Eléctrica's (ISA) Brazilian subsidiary, ISA Companhia de Transmissao de Energia Eletrica Paulista (CTEEP), agreed to purchase the Brazilian transmission company — Piratininga–Bandeirantes Transmissora de Energia (PBTE) for USD300 million.
November 11, 2020
Recently, Corporacion Andina de Fomento (CAF), or the Development Bank of Latin America has lent USD250 million to Paraguay’s state-owned power company, Administración Nacional de Electricidad (ANDE), for implementation of the Programa de Mejoramiento del Sistema de Transmisión y de Distribución de Electricidad y de Modernización de la Gestión de la Distribución or the Programme for the Improvement of the Electricity Transmission and Distribution System and Modernisation of the Distribution Network.
September 9, 2020
US-based I Squared Capital has sold its Peruvian transmission line company Orazul Energy Group at USD158.5 million to Colombian state-owned transmission company Interconexión Eléctrica S.A. E.S.P’s (ISA) Peruvian subsidiary — ISA Peru.
June 16, 2020
Brazilian utility Engie Brasil Energia SA has signed a financing agreement worth USD487 million with the Brazilian state-owned Banco Nacional de Desenvolvimento Econômico e Social (BNDES) or the National Bank for Economic and Social Development, for the development of the Novo Estado transmission line project.
June 8, 2020
The Inter-American Development Bank (IaDB) has approved a loan worth USD280 million to Ecuador, which will used for the transformation of the country’s energy grid, improvements in energy efficiency, and promotion of access to electricity generated from renewable sources.
March 16, 2020
Brazil electric power transmission company, Transmissora Alianca de Energia Eletrica SA (TAESA), has completed the purchase of two transmission special purpose entities (SPEs) of Brazilian J&F Investimentos SA’s energy arm, Amber Energia.
March 12, 2020
Sterlite Brazil Participacoes SA (subsidiary of Indian Sterlite Power Transmission Limited) has completed the sale of its special purpose entity (SPE), Sterlite Novo Estado Energia SA, to Engie Transmissao, a unit of Brazilian utility Engie Brasil Energia SA.
February 4, 2020
Brazilian energy regulator, Agência Nacional de Energia Elétrica (ANEEL), has approved the merger of the special purpose entity (SPE) of Centrais Elétricas Brasileiras SA (Eletrobras)—Transmissora Delmiro Gouveia (TDG), with its subsidiary Companhia Hidro Eletrica do Sao Francisco (Chesf).
January 15, 2020
Prysmian Group, an Italian multinational dedicated to the manufacture of cables and transmission systems for the electricity and telecommunications industries, has been awarded a new contract worth about USD38 million by the Mexican state-owned power utility, Comision Federal de Electricidad (CFE) for the project “Proyecto de Conectividad Fibra Óptica Red Eléctrica Inteligente REI” in Mexico.
January 14, 2020
Canada-based Northland Power Inc. has announced the closing of the acquisition deal of Colombian regulated utility, Empresa de Energía de Boyacá (EBSA). The former has acquired 99.2 per cent stake in EBSA from Fondo de Capital Privado de Infraestructura Brookfield Colombia and BCIF Holdings Colombia II S.A.S. (also known as Brookfield Infrastructure).
January 3, 2020
The shareholders of two subsidiaries of Brazil's federal power utility, Centrais Eletricas Brasileiras SA (Eletrobras)—Eletrosul Centrais Elétricas S.A. (Eletrosul) and Companhia de Geracao Termica de Energia Eletrica (CGTEE)—have approved at Extraordinary General Meetings held on January 1, 2020, the merger of both companies
December 27, 2019
Brazilian state-owned Banco Nacional de Desenvolvimento Econômico e Social (BNDES) or the National Bank for Economic and Social Development has approved a BRL2.45 billion loan for three projects of Neoenergia, a part of Spanish group Iberdrola, in Brazil.
December 12, 2019
The Inter-American Development Bank (IaDB) has approved funds of USD500,000 to complete studies for the Colombia–Panama energy interconnection project.
December 2, 2019
The Banco de Desarrollo de América Latina (CAF) or Development Bank of Latin America has approved a loan line for the state-owned power company, Administración Nacional de Electricidad (ANDE), of USD250 million for the Programa de Mejoramiento del Sistema de Transmisión y Distribución de Electricidad y de Modernización de la Gestión de la Distribución de la República del Paraguay or Program for Improvement of the Electricity Transmission and Distribution System and Modernisation of Distribution Management of the Republic of Paraguay.
November 12, 2019
Brazilian energy firm Construtora Quebec and Italian grid developer Terna, through its subsidiary Terna Plus—a Group company responsible for the development of international operations, have closed the deal to acquire the 500 kV, 189 km, Presidente Juscelino–Itabira 5 C2 line project (Lot 8 of Auction no. 02/2017).
November 5, 2019
Chilean distribution company Chilquinta Energía S.A. (a part of US-based Sempra Energy) has acquired of the remaining 50 per cent stake in Chilean transmission firm, Eletrans SA, from Sociedad Austral de Electricidad S.A. (SAESA).
November 1, 2019
Brazilian utility, Companhia Hidro Eletrica do Sao Francisco (Chesf) — a subsidiary of Centrais Eletricas Brasileiras SA (Eletrobras) — took control of Transmissora Delmiro Gouveia (TDG), after paying BRL34 million for a 27.69 per cent stake held by partner Future ATP Serviços de Consultiva Engenharia. As a result, TDB has become the wholly-owned company of Chesf.