Brasilia – The Terna Group, the first European electricity transmission operator, announced the closure of the transaction with the Planova Group to the market last February 2, for the acquisition of two concessions for construction of about 500 km of electric infrastructure in Brazil. The development, design and construction activities (EPC) will be entrusted to the Planova Group as a ‘builder’ on behalf of the Terna Group. The completion of the transaction, carried out by Terna Plus and realized with the acquisition of two Brazilian vehicle companies “SPE – Santa Maria Transmissora de Energia S.A.” and “SPE – Santa Lucia Transmissora de Energia S.A.”, will lead to the construction of new lines, 158 km in the state of Rio Grande do Sul and 350 km in the state of Mato Grosso. The value of the contract (which includes development costs and the realization of the works) is about $ 180 million. (9Colonne)
