Axia Energia completes second phase of investment in Tucuruí hydroelectric plant
Type: Investment · Technology: Hydro · Country: Brazil · Announced: 2026-07-10
Axia Energia put into commercial operation the UG1 generating unit at the Tucuruí hydroelectric plant, marking the completion of the second phase of its modernization investment. The Tucuruí plant, with a total installed capacity of 8,535 MW, is located in the state of Pará and feeds the Brazilian National Interconnected System (SIN). The modernization program aims to improve efficiency and reliability of the aging facility, with the UG1 unit re‑connected to the grid on 10 July 2026. The investment, whose total cost was forecast at R$ … (value not disclosed), underscores Axia Energia’s strategy to expand its hydro portfolio in Brazil’s north‑east region. By revamping Tucuruí, Axia Energia expects to increase generation availability and support Brazil’s renewable energy targets. No external advisors or lenders were mentioned in the announcement.
Counterparties
- UHE Tucuruí (Partner)
- Axia Energia (Investor)
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