Petrobras launches sale of remaining stakes in Nova Transportadora do Sudeste (NTS)
Petróleo Brasileiro S.A., commonly known as Petrobras, has launched the binding phase of the sale of its remaining 10% stake in the natural gas pipeline network Nova Transportadora do Sudeste (NTS).
In 2016, the Board of Directors of Petrobras has approved the sale of the 90% of the shares of Nova Transportadora do Sudeste (NTS) to Brookfield Infrastructure Partners (BIP) and its affiliates, through a Private Equity Investment Fund (FIP) that has as other shareholders British Columbia Investment Management Corporation (BCIMC), CIC Capital Corporation (a wholly-owned subsidiary of China Investment Corporation - CIC) and GIC Private Limited (GIC).
Nova Transportadora do Sudeste (NTS) line of business is in midstream oil and gas that covers operation in Sao Paulo, Minas Gerais, and Rio de Janeiro.
The potential buyers will receive an invitation letter with instructions on the sale process that would include due diligence and binding proposals.
Country updates
-
-
July 07, 2020
Acciona takes over the metro concession in Brazil
The Government of the State of Sao Paulo in Brazil has announced the award of the Sao Paulo City Metro Line 6 - Orange PPP project to Acciona. The concession for the completion of the works and operat...
Read more -
July 02, 2020
Modified road PPP in Brazil will see BRL 14 billion investment
Minister of Infrastructure of Brazil, Tarcisio de Freitas, has confirmed that the new concession of Presidente Dutra highway will incorporate Rio-Santos highway stretch.
Read more -
June 29, 2020
Concession expiration date extended 6th time for metro line 6 PPP in Brazil
The State Government of Sao Paulo in Brazil has again extended the concession expiration period to the Move Sao Paulo consortium, responsible for the construction of Line 6 of the Metro - Orange...
Read more -
June 26, 2020
Brazil announces public lighting project in Franco da Rocha
Municipality of Franco da Rocha has launched a tender for a concession for the development of public lighting services in the municipality. The scope of works involves modernizing 10,000 pub...
Read more -
June 26, 2020
Contract awarded for street lighting project in Porto Alegre
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 mi...
Read more
