Energy Investments in Brazil: Abengoa moves forward with new maintenance contracts for transmission assets in Brazil



Abengoa, through its subsidiary Omega Brasil, will continue to maintain these lines.
ENERGIA LIMPIA XXI Abengoa (MCE: ABG/P:SM), the international company that applies innovative technology solutions for sustainability in the infrastructures, energy and water sectors, has reached an agreement with Evoltz in relation to the purchase option that could be exercised on Omega Brasil, as a result of the transaction closed within the framework of the Judicial Recovery process. A report carried by Energía Limpia XXI states that with these new contracts, Abengoa consolidates its strategic differential in relation to maintenance activities and in-depth knowledge of the transmission sector in Brazil.

In May 2018, Evoltz acquired a set of electric power transmission assets in operation in Brazil, distributed in seven concessions, with more than 3,500 km of lines and 20 substations located in ten Brazilian states, which included an option of purchasing Omega Brasil, an Abengoa company that performs the…

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