Brazil’s energy sector prepares for its second electricity transmission auction of 2024, scheduled for Friday, September 27th. The National Electric Energy Agency (ANEEL) will oversee the event, offering concessions for 783 kilometers of transmission lines and substations across six Brazilian states. ANEEL estimates the total investment required at R$3.4 billion ($624 million). The auction features […]
Related Posts
Chile Boosts 2024 Growth Forecast to 2.7%
The Chilean government raised its economic growth forecast for 2024 to 2.7%, up from 2.5%. This optimistic projection comes from the Ministry of Finance’s first-quarter Public Finance Report. The report was presented to the Senate. Several factors contribute to this revised outlook. The Ministry of Finance attributes the increase to accumulated momentum since mid-2023 and […]
Supreme and Constitutional Courts Undermine Petro’s Key Policies
Recent decisions by Colombian courts have significantly undermined President Gustavo Petro’s administration. The Supreme Court ordered Interior Minister Luis Fernando Velasco to testify in a corruption probe over suspicious water tanker purchases. These tankers, acquired for 46.8 billion pesos ($12 million), were intended to bring potable water to remote regions of La Guajira. However, bribery […]