The Delta Energia Group has concluded the raising of BRL 200 million in incentive bonds to reimburse the investments already made to modernize the William Arjona thermoelectric plant, located in Campo Grande (MS), the company informed this Monday.
The gas-fired power plant, available since August to serve the electricity system with a capacity of 150 megawatts (MW), has been modernized to meet the contract of the 1st Reserve Capacity Auction (LRCap) of 2021.
“To meet the demand for energy production and contribute to the country’s energy balance, we have requested the operational anticipation of the plant by almost a year,” said the president of Delta Geração, Lourival Teixeira, in a statement.
“Until now, we used our own resources to carry out the work and now we will consider the costs,” he explained, commenting on debt financing.
The operation was coordinated by XP Investimentos.
“This transaction reflects XP’s performance in structuring financing solutions aligned with the needs of the power sector and the risk profile of the long-term investor,” added the head of fixed income and hybrid securities at XP’s investment bank, Getúlio Lobo.
He also highlighted that the operation strengthens XP’s role in expanding the capital market for financing infrastructure projects.
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