Terna completes the construction of the new high-voltage electricity line in Rio Grande do Sul in Southeastern Brazil

• The construction of the “Santa Maria 3 – Santo Angelo 2” line, the 158-kilometre long infrastructure in Rio Grande do Sul, is completed two months early
• This project is strategic for integrating clean energy into the national electricity grid

ROME, 18-Oct-2018 — /EuropaWire/ — Through its subsidiary, Santa Maria Transmissora de Energia, and in the context of its International Activities, Terna has completed construction of and has begun operating “Santa Maria 3 – Santo Angelo 2”, the new high-voltage electricity line in Rio Grande do Sul in Southeastern Brazil.

The 230 kV, 158 km long power line is of primary importance for Rio Grande do Sul, as it will help integrate the energy from renewable sources, especially wind power, produced in plants located in the southern part of the country into the Brazilian national transmission grid. Currently, Brazil is the largest Latin American energy market and third in the world, after China and the US.

The line is fully functional two months ahead of the scheduled date agreed upon with ANEEL (Agência Nacional de Energia Elétrica) and a little more than a year after Terna acquired the 30-year licenses for the design, construction, operation and maintenance of the two infrastructures, as announced on 26 June 2017, after winning an international bid called by ANEEL. The other project licensed to Terna, which is now in the construction phase, is a 500 kV, 350 km long electricity line in Mato Grosso, in Central Brazil, expected to be completed in the coming months. Terna’s projected total investment into these projects will be approximately 160 million euro.

“We are very happy that this new line is now operational” stated Terna’s Chief Executive Officer Luigi Ferraris, “that we finished it ahead of schedule and that it represents an important step for Terna in Brazil. This project, in line with our previously announced international investment strategy, also allows us to capitalise on the technological know-how gained in our core business while, of course, keeping our risk profile and overall financial commitments unchanged”.

SOURCE: TERNA S.p.A.

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