ISA ENERGIA BRASIL is constantly evaluating opportunities in the market for its growth and has made progress in this area. The Company's strategy consists of expanding its presence in the national territory through auctions and/or acquisitions with synergies with existing operations, respecting the minimum required return.

Since 2016, the Company has won nineteen lots in transmission auctions held by ANEEL, which add up to an ANEEL investment (weighted by the participation of ISA ENERGIA BRASIL) of R$ 15.8 billion with an increase in RAP (2024/2025 cycle) of around R$ 1.7 billion, after the assets come into operation. Until June 2024, around R$5.8 billion had been invested and eleven of the nineteen projects are in operation, totaling RAP (2024/2025 cycle) of R$651.8 million.

Another important avenue for growth is investment in reinforcement and improvement projects. In the last 3 years, the Company invested an average of R$800 million/year. The amount invested reinforces the commitment to generating sustainable value with projects that contribute to the expansion, security of the electrical energy transmission system, and energy transition in Brazil, thus consolidating the increase in capacity and modernization of its assets that began in 2020. Demands for investment in reinforcements and improvements are more concentrated in renewed contracts, as well as contract 059, in the state of São Paulo, from ISA ENERGIA BRASIL. Today the Company has R$5.0 billion in investments in projects already authorized by ANEEL and which will be carried out between 2024 and 2028. The renewal of assets is a fundamental tool for adequate management of the transmission system and guaranteeing excellent service provision, allowing reduction of operation and maintenance (O&M) costs, longevity of assets and has investment costs (CapEx) remunerated in accordance with Regulation.

Auctions Project Contract Company UF RAP ISA ENERGIA BRASIL
Cycle 2024/2025
(R$ million)
Deadline ANEEL Necessity Date1 ANEEL CAPEX
ISA ENERGIA BRASIL Participation
(R$ million)
Total CapEx ISA ENERGIA BRASIL until 09/30/2024
(R$ million)
Environmental License (LI) Initiation of Construction Land
Development4
Projects
Development5
Entry in Commercial Operation
013/2015
(oct/2016)
Paraguaçú
(Lot 3) 
003/2017 IE Paraguaçu BA/MG 77,1 fev-22 jan-19 255 333 2Q19 100% 100% 3Q22
Aimorés
(Lot 4)
004/2017 IE Aimorés MG 51,6 fev-22 jan-19 171 198 2Q19 100% 100% 2Q22
Itaúnas
(Lot 21)
018/2017 IE Itaúnas ES 68,5 jun-22 jul-18 298 374 3Q18 100% 100% 4Q23
005/2016
(apr/2017)
Ivaí2
(Lot 1)
022/2017 IE Ivaí PR 189,3 ago-22 fev-21 968 1.050 4Q19 100% 100% 4Q22
Tibagi
(Lot 5)
026/2017 IE Tibagi SP / PR 22,5 ago-21 jan-17 135 118 3Q18 100% 100% 4Q20
Itaquerê
(Lot 6)
027/2017 IE Itaquerê SP / PR 67,2 ago-21 jun-18 398 256 3Q18 100% 100% 3Q20
Aguapeí
(Lot 29)
046/2017 IE Aguapeí SP / PR 75,9 ago-21 dez-18 602 363 3Q19 100% 100% 1Q21
Bauru
(Lot 25)
042/2017 IE Jaguar 6 SP 15,3 fev-21 ago-19 126 63 2Q18 100% 100% 3Q19
002/2018
(jun/2018)
Lorena
(Lot 10)
021/2018 IE Itapura SP 17,4 set-22 jan-20 238 126 3Q19 100% 100% 4Q21
Biguaçu
(Lot 1)
012/2018 IE Biguaçu SC 53,4 set-23 set-21 641 456 1Q21 100% 100% 3Q22
002/2019
(dec/2019)
Minuano
(Lot 1) 6
001/2020 Evrecy RS 50,2 mar-25 jan-20 682 626 1Q22 100% 95% -
Três Lagoas
(Lot 6)
006/2020 IE Tibagi MS / SP 7,1 set-23 jan-20 99 87 2Q21 100% 100% 2Q22
Triângulo Mineiro
(Lot 7)
007/2020 IEMG MG 43,8 mar-25 jan-20 554 512 1Q22 100% 100% 3Q23
001/2020
(dec/2020)
Riacho Grande
(Lot 7)
005/2021 IE Riacho Grande SP 88,4 mar-26 jan-26 1.141 396 4Q23 100% 73% -
001/2022
(jun/2022)
Piraquê
(Lot 3)
008/2022 ISA ENERGIA BRASIL MG / ES 325,8 set-27 jan-26 3.654 1.119 3Q24 4Q23 89% 30% -
Jacarandá
(Lot 6)
011/2022 IE Jaguar 8 SP 15,3 mar-26 mar-26 232 30 2Q24 4Q23 57% 45% -
001/2023
(jun/2023)
Serra Dourada
(Lot 1)
006/2023 ISA ENERGIA BRASIL BA/MG 305,6 mar-29 immediate 3.157 144 3Q25 3Q25 43% 14% -
Itatiaia
(Lot 7)
012/2023 ISA ENERGIA BRASIL RJ/MG 235,6 mar-29 immediate 2.342 68 3Q25 3Q25 32% 17% -
Água Vermelha
(Lot 9)
014/2023 IE Tibagi SP 8,0 set-26 Imediata 94 12 2Q24 2Q24 100% 40% -
Total (19) 1.718,0 - - 15.785 6.330 15.785 6.330 - - -

1 According to concession agreement
2 To receive the total amount of RAP.
3 Land Development: evolution of properties released.
4 Project Development: evolution of all activities related to the project until electricity is provided to it.


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Updated on November 7, 2024.