Buyer sought for Brazil’s Salto hydroelectric plant

Brazilian infrastructure and energy services company Triunfo is looking to sell its 116-MW Salto hydropower plant, a spokesperson at the firm told regional media.

The plant, located in Brazil’s state of Goias, is set to start operations in April.

Total investments in the project, which is part of the government’s growth acceleration program, reached 642 million reais (US$356 million).

According to local reports, proceeds from the sale will be used in infrastructure and in smaller energy projects.

In other news, state energy company Eletrobras may have a substantial stake in the Belo Monte hydropower project, according to mines and energy department officials.

Officials said Eletrobras would take a 40 to 49 percent stake in the 11,200-MW hydroelectric project in Brazil’s lower Amazon region, according to regional news reports.

Recently, the cost of constructing the Belo Monte hydro project jumped US$2 billion because of new environmental measures, pushing the cost to about US$11 billion.

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