Acelen has also signed a long-term contract for the purchase of incentivized energy under the self-production model, including carbon credits generated by the future plant.
The project is part of the Federal Government’s Growth Acceleration Program (PAC) and consists of a plant with an installed capacity of 161 MWp. The plant will be built in the municipality of João Dourado, located in the semi-arid region of Bahia. In addition to generating clean and renewable energy, the project will also contribute to the socioeconomic development of the region, creating approximately 500 direct and indirect jobs during construction and around 30 direct and indirect jobs after the start of commercial operations in the first quarter of 2025.
“This project represents another step towards the energy transition, reaffirming one of its main goals through investments in new renewable energy projects in the Northeast. Combined with other energy efficiency initiatives being implemented at the refinery, it will contribute to reducing carbon intensity and the fossil component of Acelen’s results and energy matrix,” says Luiz de Mendonça, CEO of Acelen.
“For Perfin Infra, this is an important milestone, as it strengthens our contribution to the state of Bahia and confirms our commitment to the energy transition,” says Daniel Shinohara, Investment Partner at Perfin Infra.
“For Illian, the agreement signifies the achievement of maturity for this new entrepreneurial company, 100% Brazilian, focused on developing and investing in centralized renewable generation projects, contributing to the country’s sustainable economic growth,” says CEO Sérgio Brandão.
The completion of the transaction is subject to the fulfillment of customary precedent conditions for projects of this nature.