Arce: CTEEP must be privatized to solve Cesp debts
Bnamericas Published: Thursday, May 05, 2005
The privatization of São Paulo state-controlled power transmission company CTEEP is the only way to solve the debt problems of state generation company Cesp, according to Mauro Arce, São Paulo state government energy, water resources and sanitation secretary. Cesp's debts total 10bn reais (US$4bn). This is the first time the privatization of CTEEP has been publicly stated by Arce as a solution to Cesp's debts. Arce also said that on Monday Cesp paid US$120mn in eurobonds abroad. "If it hadn't paid, it would have looked bad for Brazil," he said.
Subscribe to the leading business intelligence platform in Latin America with different tools for Providers, Contractors, Operators, Government, Legal, Financial and Insurance industries.
News in: Electric Power (Brazil)
Brazil ready to assess new pre-salt blocks and nuclear project
The national energy policy council will meet on February 18.
Regulator approves second Engie Brasil Energia hydro plant for auction
So far, the local watchdog has approved 13 projects calling for an expansion of 5.52GW.
Subscribe to Latin America’s most trusted business intelligence platform.
Other projects in: Electric Power (Brazil)
Get critical information about thousands of Electric Power projects in Latin America: what stages they're in, capex, related companies, contacts and more.
- Project: Ventos de São Zacarias 7 Wind Farm (Ventos de São Zacarias Wind Complex)
- Current stage:
- Updated:
3 weeks ago
- Project: Ventos de São Zacarias 6 Wind Farm (Ventos de São Zacarias Wind Complex)
- Current stage:
- Updated:
3 weeks ago
- Project: Ventos de São Zacarias 5 Wind Farm (Ventos de São Zacarias Wind Complex)
- Current stage:
- Updated:
3 weeks ago
- Project: Ventos de São Zacarias 4 Wind Farm (Ventos de São Zacarias Wind Complex)
- Current stage:
- Updated:
3 weeks ago
- Project: Santo Agostinho 13 wind farm (Santo Agostinho wind complex - Phase 1)
- Current stage:
- Updated:
3 weeks ago
- Project: Sol do Agreste Photovoltaic Complex
- Current stage:
- Updated:
3 weeks ago
- Project: Coralina 7 Photovoltaic Plant (Coralina Complex)
- Current stage:
- Updated:
3 weeks ago
- Project: Coralina 6 Photovoltaic Plant (Coralina Complex)
- Current stage:
- Updated:
3 weeks ago
- Project: Coralina 4 Photovoltaic Plant (Coralina Complex)
- Current stage:
- Updated:
3 weeks ago
- Project: Coralina 3 Photovoltaic Plant (Coralina Complex)
- Current stage:
- Updated:
3 weeks ago
Other companies in: Electric Power (Brazil)
Get critical information about thousands of Electric Power companies in Latin America: their projects, contacts, shareholders, related news and more.
- Company: Ventos de São Ricardo 12 Energias Renováveis S.A. (Ventos de São Ricardo 12 Energias Renováveis)
-
The description included in this profile was taken directly from an AI source and has not been edited or modified by BNamericas researchers. However, it may have been automatica...
- Company: Eco Soluções em Energia S.A. (Eco Energia)
-
The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been machine tra...
- Company: Itusolar Energia (Itusolar)
-
The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been machine tra...
- Company: Top Sun Service Ltda. (Topsun Energia Solar)
-
The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been machine tra...
- Company: Enerside Brasil Energias Renovaveis Ltda (Enerside Brasil)
-
The description contained in this profile was extracted directly from an official source and has not been edited or modified by BNamericas researchers, but may have been machine...
- Company: Eólica Santo Agostinho 18 S.A.
-
The description included in this profile was taken directly from an AI source and has not been edited or modified by BNamericas researchers. However, it may have been automatica...
Subscribe to the leading business intelligence platform in Latin America with different tools for Providers, Contractors, Operators, Government, Legal, Financial and Insurance industries.
