On 14 September 2015, Brazil’s federal government published new rules for the 30 October sale of old hydroelectric power plants.
The updated guidelines, which allow bidding by
consortiums, will make it easier for foreign parties to invest in a sale that
Brazil hopes will bring at least US$4.4 billion.
The government eliminated the requirement that buyers
have at least five years prior experience in Brazil operating hydroelectric
plants.
While operators will be permitted to sell 30 percent of energy produced
at market rates, the other 70 percent will be subject to prices set by the
Agência Nacional de Energia Elétrica (Aneel).
