The IP Sul Consortium has won the auction for the concession of the public lighting service in Porto Alegre in São Paulo. The concessionaire won the auction with a bid of BRL 1.745 million (US$ 0.33 million), amount with a reduction of more than 45% in relation to the maximum amount initially established in the bid.
The project with a partnership with the National Bank for Economic and Social Development (BNDES), provides for the exchange of more than 100 thousand lighting points for LED lamps, which will generate savings of around 50%. The duration of the contract is 20 years.
The concessionaire will also be responsible for expanding the lighting services. The municipality of Porto Alegre will act as a manager evaluating the concessionaire's performance.
Country updates
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June 24, 2020
Bid notice launched for wastewater plant in Cariacica
The Municipality of Cariacica in Brazil has launched a bid notice seeking a private developer to universalize the sewage collection and treatment service in the municipality. Currently, the...
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June 22, 2020
First tender launched in new metro line project in Brazil
Sao Paulo State Government in Brazil has launched the first tender linked to the development of Line 20-Rosa (Pink) of Sao Paulo metro. The tender is for the development of the engineering blueprint,...
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June 22, 2020
CPPI qualifies 11 infrastructure projects to be prioritized in Brazil
The Board of the Investment Partnerships Program (CPPI) in Brazil has qualified eleven new transportation projects to be prioritized in the Federal Government's concession program. The following...
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June 17, 2020
Angra 3 nuclear plant proposed to completed by EPC company
The National Bank for Economic and Social Development (BNDES) in Brazil has proposed to the Council of Investment Partnerships Program (CPPI) to hire an EPC contractor for remaining works for the...
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June 15, 2020
IG4 capital acquires Delphina hospital concession
Opy Health, the health care investment arm of IG4 Capital, acquired 100% of the concessionaire responsible for the PPP contract to manage the Delphina Rinaldi Abdel Aziz (Delphina) Hospital, in Manaus...
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