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Brazil’s Energisa to invest $1.2bn in 2023 – Argus

Brazil’s Energisa workers at a energy distribution facility
Brazil’s Energisa workers at a energy distribution facility (Energisa)

Rebecca Gompertz, Argus Media

RIO
EnergiesNet.com 02 03 2023

Brazilian power distribution company Energisa will invest R6bn ($1.18bn) in 2023 to diversify its portfolio and grow.

The company plans to invest in distributed generation, power for the free market and other services such as battery storage. Energisa has been investing on distributed generation through its subsidiary (re)energisa, which offers a subscription service for the power generated in its solar farms.

This is the biggest yearly investment in the company’s history and 10pc higher than what was planned in 2022.

argusmedia.com 02 02 2023

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