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Prumo, bp and Siemens Close Agreement with SPIC to Participate in Energy Infrastructure Projects in Brazil
February 1, 2021 GMT
RIO DE JANEIRO (BUSINESS WIRE) Feb 1, 2021
Prumo, a private Brazilian company controlled by EIG Global Energy Partners, bp, Siemens and SPIC Brasil (“SPIC”) today announced the completion of the previously announced transaction by which SPIC acquired 33% of GNA I and GNA II LNG-to-power projects located in Port of Açu, Rio de Janeiro. SPIC has also closed on the previously announced agreement to participate in potential 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.