التكنولوجيا وأخبارها بوابة الإمارات لتكنولوجيا المعلومات والإتصالات
Prumo, bp and Siemens Enter Into Partnership With SPIC on Energy Projects in Brazil
- SPIC to acquire 33% of GNA I and GNA II 3 GW LNG-
- to-power projects
- Enter agreement to participate in future expansion projects GNA III and GNA IV as part of overall 6.4 GW power and domestic gas hub strategy at Port of Açu
Prumo, a private Brazilian company controlled by EIG
Global Energy Partners, bp and Siemens signed a binding
agreement with SPIC Brasil. Under the agreement, SPIC
will initially acquire 33% of the GNA I and GNA II LNG-to-
power projects, located in Port of Açu, Rio de Janeiro. SPIC
has also entered into an agreement to participate in the
future expansion projects GNA III and GNA IV, which are
expected to be fueled by a combination of LNG and
domestic gas from Brazil’s vast pre-salt reserves.
The closing of the agreement, scheduled for the fourth
quarter of 2020, is subject to the fulfillment of certain
conditions precedent usual to this type of transaction,
among others.
GNA I and GNA II is the largest gas-to-power project in
Latin America, with 3 GW of installed capacity — enough to
supply energy for up to 14 million households. The complex
also includes an LNG terminal with a total capacity of 21
million m3/ day. GNA I, which has an installed capacity of
1.3 GW, is expected to commence operations in the first
half of 2021. The agreement improves the potential for
expansion projects GNA III and GNA IV, the domestic gas
hub strategy and renewables projects. The estimated total
planned investment in the GNA gas and power complex is
approximately US$ 5 billion.
SPIC Brasil’s contribution to this partnership is centered on
its expertise in operation and project management strategy
in Brazil. Siemens – via its financing arm, Siemens Financial
Services, and in close cooperation with Siemens Energy –
will contribute capital, innovative technology and its
expertise managing similar projects. In addition, bp will
contribute its global portfolio of LNG acting as a key
integrated and innovative gas supplier and Prumo
contributes the entire port infrastructure, operations,
project development and integration. The partnership
facilitates the expansion of a range of projects and
demonstrates a commitment to completing the investments
that are under development.
BofA Securities and Lakeshore Partners acted as financial
advisors of GNA and its sponsors. Itaú BBA acted as
exclusive financial advisor of SPIC. Mattos Filho acted as
legal advisors of GNA and its sponsors. Trench Rossi
Watanabe acted as legal advisors of SPIC.
Siemens AG (Berlin and Munich) is a global technology
powerhouse that has stood for engineering excellence,
innovation, quality, reliability and internationality for more
than 170 years. The company is active around the globe,
focusing on the areas of power generation and distribution,
intelligent infrastructure for buildings and distributed
energy systems, and automation and digitalization in the
process and manufacturing industries. Through the
separately managed company Siemens Mobility, a leading
supplier of smart mobility solutions for rail and road
transport, Siemens is shaping the world market for
passenger and freight services. Due to its majority stakes in
the publicly listed companies Siemens Healthineers AG and
Siemens Gamesa Renewable Energy, Siemens is also a
world-leading supplier of medical technology and digital
healthcare services as well as environmentally friendly
solutions for onshore and offshore wind power generation.
In fiscal 2019, which ended on September 30, 2019,
Siemens generated revenue of €86.8 billion and net income
of €5.6 billion. At the end of September 2019, the company
had around 385,000 employees worldwide. Further
information is available on the Internet
at www.siemens.com.
Siemens Financial Services (SFS) – the financing arm of
Siemens – provides business-to-business financial
solutions. A unique combination of financial expertise, risk
management and industry know-how enable SFS to create
tailored innovative financial solutions. With these, SFS
facilitates growth, creates value, enhances competitiveness
and helps customers access new technologies. SFS supports
investments with equipment financing and leasing,
corporate lending, equity investments and project and
structured financing. Trade and receivable financing
solutions complete the SFS portfolio. With an international
network, SFS is well adapted to country-specific legal
requirements and able to provide financial solutions
globally. Within Siemens, SFS is an expert adviser for
financial risks. Siemens Financial Services has its global
headquarters in Munich, Germany, and has almost 3,000
employees worldwide. www.siemens.com/finance.
SPIC Brasil, owned subsidiary of State Power Investment
Corporation (SPIC), a global energy generator and related
projects company. In Brazil, this is translated into the union
between the expertise and financial strength of a large
Chinese group and the Australian pioneering over 20 years
of experience in renewable energy. Currently, SPIC Brasil
operates the São Simão Hydroelectric Power Plant, on the
border between the states of Minas Gerais and Goiás, the
Millennium Wind Farm and the Vale dos Ventos Wind Farm
in Paraíba State. In Brazil, the company has about 160
employees, located in São Paulo (SP), Natal (RN), São
Simão (GO) and Mataraca (PB). SPIC Global has a total
installed capacity of 151 GW. It has over 130,000
employees in the 64 countries in which it operates.
Prumo is the multi-business economic group responsible for
the strategic development of the Port of Açu. We are
controlled by EIG Global Energy Partners, a US-based fund
focused on energy and infrastructure, and by Mubadala
Investment Company, an active and innovative investor
that allocates capital in a variety of segments.
Through the Group’s 6 companies (Porto do Açu Operações,
Ferroport, Açu Petróleo, GNA, Dome and BP Prumo) and our
clients and partners, the Port of Açu serves the oil & gas,
port logistics and mining segments. Its infrastructure has
unique potential to support new businesses and several
industrial niches.
Guided by Prumo’s strategic perspective, Açu is now one of
the largest and most promising enterprises in Brazil. With
operational safety and efficiency combined with the
strength of the Group’s long-term vision and the proximity
to the main oil exploration basins, Açu is consolidating into
the best solution for the most challenging demands.
bp is an integrated energy business with operations in
Europe, North and South America, Australasia, Asia and
Africa. We operate in 79 countries. With over 100 years of
experience steeped in the world of energy, we understand
energy markets deeply, and have developed unique
capabilities in trading, marketing, technology and
innovation. bp’s new purpose is reimagining energy for
people and our planet– for bp to become a net zero
company by 2050 or sooner, and to help the world get to
net zero.
EIG Global Energy Partners (“EIG”), is a leading
institutional investor to the global energy sector with $22.9
billion under management as of June 30, 2020. EIG
specializes in private investments in energy and energy-
related infrastructure on a global basis. During its 38-year
history, EIG has committed over $34.2 billion to the energy
sector through more than 360 projects or companies in 36
countries on six continents. EIG’s clients include many of
the leading pension plans, insurance companies,
endowments, foundations and sovereign wealth funds in
the U.S., Asia and Europe. EIG is headquartered in
Washington, D.C. with offices in Houston, London, Sydney,
Rio de Janeiro, Hong Kong and Seoul. For additional
information, please visit EIG’s website
