BNDES approves financing for thermoelectric plant in Porto do Açu

BNDES (the Brazilian economic and social development bank), approved a R$ 3.93 billion loan to Gás Natural Açu for the construction of the GNA II thermoelectric plant in Porto do Açu, in the north of the state of Rio de Janeiro. In a report released, the bank stated that the Porto do Açu Thermoelectric park is an investment decision by Prumo Logística S.A., controlled by EIG Global Energy Partners, Siemens AG, and BP.

According to BNDES, the thermal plant will have a total installed capacity of 1.6 gigawatts (GW) and will integrate the project for the liquefied natural gas (LNG) generation park under development in the port. The first unit of the project, UTE GNA I, has 1.3 GW of capacity and also received funding from BNDES, according to a statement. The forecast is that the first part of the project will start commercial operations in the first half of 2021 and the second unit will start operating in 2023.

According to BNDES calculations, approximately 5,000 jobs should be generated during the construction of the thermal plant. Another 500 jobs are also expected when the plant goes into operation.

Source: Valor

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