Deals Counterparts

Sport Club do Recife signs 152 GWh renewable energy PPA with Neoenergia

Ppa Renewable Energy announced Recife, Brazil Mar 16, 2026
152 GWh
Capacity

Sport Club do Recife entered into a partnership with Neoenergia for the supply of 152 GWh of renewable energy in the free energy market. The agreement ensures the supply of certified renewable energy through I-REC (International Renewable Energy Certificate). This contract is projected to reduce Sport Recife's electricity expenses by up to 31% at its main facilities. The partnership allows the football club to transition to a cleaner energy matrix while achieving significant operational cost savings.

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Deal Analysis

Sport Club do Recife is projected to reduce electricity expenses by up to 31% at its main facilities through a newly announced 152 GWh renewable energy PPA with Neoenergia. This agreement, announced on 2026-03-16, provides the Brazilian football club with certified renewable energy, verified by I-REC, directly from the free energy market. The commercial logic for Sport Club do Recife centers on achieving significant operational cost savings while simultaneously transitioning to a cleaner energy matrix for its operations in Brazil. This structure allows the club to hedge against future energy price volatility and meet sustainability goals concurrently. Neoenergia, a Brazilian energy company active across generation, transmission, distribution, and commercialization, secures a substantial 152 GWh supply contract, aligning with its stated focus on sustainable energy development and infrastructure projects. For Sport Club do Recife, this PPA positions the organization as an early adopter of certified renewable energy solutions among Brazilian sports entities. The deal underscores the growing trend of large energy consumers in Brazil leveraging the free energy market to secure long-term, cost-effective, and environmentally responsible power supply.
  • Up to 31% electricity expense reduction for Sport Club do Recife.
  • 152 GWh renewable energy PPA capacity.
  • I-REC certified renewable energy supply.
  • Neoenergia, a Brazilian energy company, is the provider.
  • Deal announced on 2026-03-16.
  • Transaction takes place in Brazil's free energy market.

Source Intelligence

KEY DETAILS

The agreement ensures the supply of certified renewable energy through I-REC (International Renewable Energy Certificate). The contract is projected to reduce Sport Recife's electricity expenses by up to 31% at its main facilities. The club is estimated to achieve savings of approximately R$ 5.5 million over the next eight years. The club is expected to avoid the emission of about 7,000 tons of CO₂, equivalent to planting approximately 43,000 trees. Sport Club do Recife is the second club in the Northeast region to become a client of Neoenergia's free energy market.

Location
nas principais instalações do clube, incluindo a sede administrativa, o Centro de Treinamento José de Andrade Médicis e o Estádio Adelmar da Costa Carvalho, conhecido como Ilha do Retiro, em Recife, no Pernambuco.
PPA Details
A Neoenergia e o Sport Club do Recife firmaram parceria no mercado livre de energia para o fornecimento de 152 GWh.
PARTIES MENTIONED IN SOURCE
N
Neoenergia seller

"A Neoenergia e o Sport Club do Recife firmaram parceria no mercado livre de energia para o fornecimento de 152 GWh."

S
Sport Club do Recife buyer

"A Neoenergia e o Sport Club do Recife firmaram parceria no mercado livre de energia para o fornecimento de 152 GWh."

high quality Enriched Mar 17, 2026

Timeline

Announced
Mar 16, 2026
Signed
Closed

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