Public-Private Partnership Model for Developing Sustainable Hydroelectric Power Plants in Brazil
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In this article, the Brazilian Model for Public-Private Partnership (PPP) is described. It was conceived envisaging investments for the completion of new electric sustainable power plants. The objective is to present the main drivers in Brazilian regulatory system for private investors in what relates to risks configuration and investment decision-making, either Brazilian or foreign ones. We analyzed the investment in 5 Brazilian power plants that altogether constitute an electric power-generating complex in Juruena River, in the state of Mato Grosso, in Brazil. According to the results, we can conclude that the present legal framework is able to support investment in small hydroelectric and sustainable power plants, considering the existence of Engineering Procurement Contracts (EPC) for the completion phase and of Power Purchase Agreements (PPA) for the operational phase as well.
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