Neoenergia obtains installation permit for transmission line in Paraíba and Ceará

Neoenergia obtains installation permit for transmission line in Paraíba and Ceará
Neoenergia obtained an Installation Permit (LI) for the 500kV transmission line Miracles II – Santa Luzia II and Substation Santa Luzia II, between the states of Ceará and Paraíba, from the Brazilian Institute of Environment and Renewable Natural Resources (Ibama).
Upon obtaining this license - the last LI pending for the batch - Neoenergia Santa Luzia Transmissão de Energia S.A. starts the mobilization procedures for works.
Entrepreneurships are part of batch 6 of auction no. 02/2017, which was carried out on December 2017, comprising 345 km of extension and one new substation .
DEBENTURES IN ITABAPOANA
On 03/13/2020, resources from the first issue of debentures from Neoenergia Itabapoana Transmissão de Energia S.A. were disbursed. (Batch 3 of the Transmission Auction No. 04/2018 of December 2018). The total amount of the operation was R$ 300 million for 25 years, at an IPCA cost of + 4.50% per year, intended for financing of the project's CAPEX.
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