CPFL agrees to buy Brazilian biomass plant

The Brazilian power company, CPFL Energias Renovaveis, has agreed to buy a 40 MW biomass power plant from Usina Acuareira Ester in Brazil.

Sugarcane biomass cogeneration

The buyer will pay $28.2m in cash and assume $33.2m in outstanding debt under the terms of the deal. The acquisition, of what will be CPFL's third biomass facility, is subject to approval from the Brazilian National Electric Energy Agency (ANEEL).

The sugarcane-fuelled cogeneration facility is located on the site of Usina Ester's sugarcane crushing plant in Cosmopolis, Sao Paulo state, Brazil.

For more combined heat and power business news



Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...