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Brazil clears GNA's LNG powerplant to start up

From argusmedia.com

Brazilian regulators cleared an LNG-fired powerplant owned by Brazil's gas and power group Gás Natural Açu (GNA) to start generating power on 16 September. The authorization given by Brazilian power regulatory agency Aneel frees GNA I thermal powerplant to start operations, adding 1.3GW to the Brazilian power grid. GNA's complex at Açu Port, in the state of Rio de Janeiro, is comprised of an LNG regasification terminal and two powerplants, with total capacity of 3GW. The second unit is not yet cleared for generation. This is the biggest gas-fired powerplant generation complex in Latin America. The regasification termi ... (full story)

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  • Category: Fundamental Analysis