Brazil engages private sector on Angra 3

Brazil engages private sector on Angra 3

Corporate & Sovereign Strategy Economy & Policy Project & Infrastructure Finance Renewable Brazil

Brazil’s Conselho de Politica Energetica wants to engage the nuclear private sector for the construction of the 1,405 MW nuclear plant Angra 3, the ministry said in a statement this week. The power plant, according to the ministry, is slated to begin operations in 2026 and requires more than BRL15.5bn ($4.1bn) in capex. Angra 3’s power purchase agreement is set to price at BRL480/MWh, CNPE said. PPA tariffs are currently priced at BRL240/MWh, according to local outlets. Construction of the nucle

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