Iberdrola’s Neoenergia Completes Alto Paranaíba Transmission Project In Brazil Ahead Of Schedule, Boosting Power Between Minas Gerais And São Paulo

Neoenergia, the Brazilian subsidiary of Iberdrola, has completed the energization of the final section of the Alto Paranaíba Project, marking the conclusion of one of the largest electricity transmission initiatives in Brazil. The project significantly enhances the transmission capacity of electricity between northern Minas Gerais and the state of São Paulo, strengthening the country’s energy infrastructure and supporting growing demand.

The Alto Paranaíba lot was awarded to Neoenergia through auction 001/2022 conducted by the National Electric Energy Agency (ANEEL). The project represents a large-scale infrastructure endeavor, featuring 1,600 kilometers of transmission lines, 3,250 towers, and six substations, making it the largest transmission project developed by Neoenergia to date.

The works were completed more than 15 months ahead of the deadline established by ANEEL, with a total investment of approximately R$ 4.2 billion (around €669 million). Neoenergia highlighted that the final section was delivered with a high level of satisfaction, thanks to highly skilled teams dedicated to maintaining quality and excellence at every stage. The company emphasized that this achievement reflects its commitment to the development and reliability of Brazil’s electricity sector.