On Thursday (30), the first electricity transmission auction of 2022 was held by Anell (National Electric Energy Agency) at B3, in São Paulo. The transmission auction proved to be a success, with ten groups winning all thirteen lots offered by Aneel.
Below is a comment by Rafael Bevilacqua, chief strategist and founding partner of the analysis house Levante Ideias de Investimento, on the subject. Every day, Bevilacqua brings news and reviews of publicly traded companies for you to make the best investment decisions. This content is accessible to subscribers to UOL. O UOL has an exclusive area for those who want to invest their money safely and profit more than with savings. Meet!
As usual, the event was marked by strong competition, with pronounced discounts, with an average discount of 46.16% in relation to the maximum Allowed Annual Revenue (RAP) projected by the regulatory agency. The estimate is that total investments will reach around R$ 15.3 billion for the construction and maintenance of transmission lines and substations.
Of the ten groups that won assets in the auction, the main winners were Isa Cteep, Neoenergia and Consórcio Verde, formed by Cimy, one of the largest global players in infrastructure concessions, and the investment fund Brasil Energia.
The highlight, however, was Neoenergia, which won lot two, on the MG-SP stretch, with the greatest need for investment, in the order of R$ 4.93 billion.
The three largest lots of the event, which were won by the trio, total R$ 12.27 billion in investments and include, in addition to Minas Gerais and São Paulo, also Espírito Santo.
Altogether, the 13 projects include the construction and maintenance of almost 5,500 kilometers of transmission lines and 6,180 megavolt-amperes (MVA) in substations transformation capacity. The ten groups that won the auction and are responsible for the projects will have a term of completion of the works of 42 to 60 months, with the concessions being for 30 years, counted from the date of execution of the contracts.
Other big names in the sector that bought assets were Energisa, which took lot 12 (AM), 13 km long, with a discount of 45.26%, and the Engie Brasil consortium, which took lot 7 (PA), of 450 MVA in substation capacity and discount of 59.9%.
Another highlight of the auction was the return of Eletrobras to the list of winners, winning lot 8 (RO) with Eletronorte, with investments of R$ 137.7 million.