Privatization approved for FDA Geração de Energia Elétrica
Date
March 18, 2022
Type
M&A Transactions
Subtype
Transaction launched
Countries
Brazil
Subsectors
Hydroelectric
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The National Electric Energy Agency (ANEEL) in Brazil has approved the privatization of FDA Geração de Energia Elétrica, a subsidiary of COPEL. The company is a concessionaire of UHE Governador Bento Munhoz da Rocha Netto (Foz do Areia) hydroelectric project.
Foz do Areia is a 1,676 MW capacity hydroelectric dam located on the Iguaçu River in the municipality of Pinhão. The concession runs until December 21, 2024.
