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: 2159 (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
Recognition
ABS Consulting Earns Third Elev8 GovCon Honor for Excell...
22/11/25
Award
Aed Energy Wins at the 2025 Energy Storage Awards
22/11/25
Mossoró Oil & Gas Energy 2025
PetroSupply Meeting to Boost Business at Mossoró Oil & G...
21/11/25
Results
Union’s Oil Production Reached 174 Thousand Barrels per ...
21/11/25
International Company News
TGS Extends Agreement with the Government of the Federal...
21/11/25
Company News
Belga Marine and Global Maritime Announce Strategic Part...
21/11/25
Niterói
Tomorrow Blue Economy sets Niterói in motion in the coun...
13/11/25
Cop30
ANP Participates in the Event and Advances Measures for ...
13/11/25
FIRJAN
Enaex 2025 Discusses Reindustrialization, Brazil’s Compe...
13/11/25
Mossoró Oil & Gas Energy 2025
Mossoró Oil & Gas Energy to Feature Strategic Debates in...
13/11/25
Company News
Norsul becomes the first company in Latin America to ado...
11/11/25
ADIPEC 2025
From energy to intelligence to impact: ADIPEC 2025 sets ...
07/11/25
ADIPEC 2025
ADIPEC 2025 Day 3: Energy, finance and technology leader...
07/11/25
Results
Petrobras reaches net income of R$ 32.7 billion in the t...
07/11/25
Cop30
IBP Advocates Global Criteria for a Just Energy Transition
07/11/25
Offshore
Decommissioning Takes Center Stage
07/11/25
Natural Gas
ANP Approves Action Plan on Gas Pipeline Transportation ...
07/11/25
ADIPEC 2025
AI is no longer a side project: Technology leaders at AD...
05/11/25
Environment
ANP Holds Workshop on Methane Emissions in Partnership w...
05/11/25
International Event
International Energy Event Opens Registration for Activities
05/11/25
RD&I
Norway and Brazil Launch New Joint Research Funding Call...
05/11/25
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.