Electricity

CCEE releases R $ 502.6 million from the COVID Account to distributors

T&B Petroleum/Press Office CCEE
14/10/2020 15:07
CCEE releases R $ 502.6 million from the COVID Account to distributors Imagem: Divulgation Visualizações: 1468 (0) (0) (0) (0)

The Electricity Commercialization Chamber - CCEE made this Tuesday (13) the fourth transfer of the loan from the COVID Account to the distributors impacted by the social isolation scenario. The portion, of R $ 502.6 million, considers the values of the terms of adhesion for the period and the remaining amounts of the previous transfers. The payment occurred according to information published in Dispatch No. 2,914 / 2020, of the National Electric Energy Agency - Aneel.

 

In all, CCEE has already transferred R $ 13.6 billion to the companies that adhered to the measure, which corresponds to 91.4% of the total operation that will be directed until January 2021. Of the 61 participating distribution concessionaires and permissionaires, 31 already received the full amount foreseen in their terms of membership.

 

The COVID Account was financed by a pool of 16 financial institutions led by the National Bank for Economic and Social Development - BNDES, with Bradesco being the manager of the operation. The composition of the contributions is 29% of the resources coming from public banks and 71% from private institutions. The cost of the operation will be CDI + 3.79%.

 

Know more about

 

Through Decree 10.350 / 20, the Federal Government established the creation of the so-called COVID Account to receive funds from a financial operation that aims to mitigate the cash problems experienced by distribution companies in the midst of the new coronavirus pandemic. The amounts, which are managed by CCEE, will help offset the drop in revenues and anticipate the distributors' revenues, impacted by the reduction in energy consumption during the period.

 

For the consumer, the measure allows for a postponement and payment in up to five years of tariff impacts that, otherwise, would be felt immediately. The solution has as premises both the financial balance of the sector and the attributes of low tariffs.

 

The regulation guarantees all protections for CCEE and its agents, as established in the Ordinance and Normative Resolution that created the COVID Account.

Most Read Today
see see
Decarbonization
EPE to Launch Analysis on Decarbonization of Brazilian E...
13/06/25
FIRJAN
At the Launch of the Rio Oil Yearbook, Business Leaders ...
13/06/25
Permanent Offer
ANP to Hold 5th Cycle of the Permanent Concession Offer ...
13/06/25
Award
Unique Group Celebrates Prestigious Wins at 2025 cHeRrie...
13/06/25
Business
ANP to Hold Public Consultation and Hearing on Update of...
12/06/25
RenovaBio
ANP Approves New Regulation for Biofuels Certification
12/06/25
E&P
ANP Approves Resolution Establishing Requirements for Fu...
12/06/25
Bahiagás
Luiz Gavazza Highlights Bahiagás’ Expansion and Bahia’s ...
12/06/25
Event
SP Offshore 2025: Second Edition Boosts a New Phase for ...
12/06/25
Bahia Oil & Gas Energy 2025
Innovation in Its DNA: How Comquality Is Revolutionizing...
04/06/25
Bahia Oil & Gas Energy 2025
Oil States Showcases Commitment to Innovation and Energy...
04/06/25
Permanent Offer
Permanent Offer Auction Notice and Environmental Licensi...
04/06/25
Environment
Supergasbras Expands Actions to Reduce CO₂ Emissions in ...
04/06/25
Sergipe Oil & Gas 2025
Sergipe Oil & Gas 2025 Launched with Focus on Innovation...
04/06/25
Marginal Fields
Fiscal Measures with Disproportionate Impact on Independ...
04/06/25
Investments
Transpetro launches tender to enter barge operation segment
30/05/25
Bahia Oil & Gas Energy 2025
Bahia Oil & Gas Energy surpasses 13,000 registrants and ...
30/05/25
Bahia Oil & Gas Energy 2025
Marquise Ambiental presents industrial waste solutions a...
30/05/25
Bahia Oil & Gas Energy 2025
Bahia Oil & Gas Surpasses Expectations and Strengthens I...
29/05/25
Bahia Oil & Gas Energy 2025
Petroborn Plans to Invest US$ 35 Million in Northeastern...
29/05/25
Bahia Oil & Gas Energy 2025
GBS Storage Discusses Unprecedented Natural Gas Storage ...
29/05/25
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.