Neoenergia reported this Monday that it signed an agreement with CCR subsidiaries for the self-production of wind energy, the first of its kind signed by the mobility infrastructure group and which will meet 60% of the company’s current energy demand.
The partnership, signed with the CCR concessionaires that operate São Paulo subway and CPTM lines, involves the sale, by Neoenergia, of minority stakes in wind farms in the Oitis complex, located in Piauí, for the value of 21.7 million real.
According to the companies, 44 average megawatts (MWm) of Oitis’ production will be used for energy consumption by CCR subsidiaries for a period of 16 years, with supply starting in January 2025.
Self-production energy projects have been gaining ground among large companies seeking to decarbonize their operations in Brazil. Under the model, the energy consumer buys shares or invests in a plant together with the electricity company, becoming a self-producer. This guarantees some incentives that reduce input costs, such as discounts and exemption from payment of sectoral charges.
CCR stated that this agreement integrates the commitment to have 100% of its assets supplied by renewable energy sources by 2025, an objective that was achieved this year with initiatives such as migration to the free energy market, purchase of renewable energy certificates ( IRECs) and investments in distributed solar generation.
For Neoenergia, the deal guarantees long-term revenue stability with “adequate profitability”, and reinforces the investment strategy in a renewable generation park, said Hugo Nunes, executive director of Liberalized Business at the electric company, in a note.
The closing of the operation is subject to approval by competent bodies, such as the Administrative Council for Economic Defense (Cade).
