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: 2787 (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
Fenasucro
Future Fuel consolidates Brazilian pioneering role and b...
20/05/26
Partnership
Radix partners with Repsol Sinopec Brasil and PUCRS to c...
20/05/26
Communication
The behind-the-scenes story of communication and adverti...
20/05/26
Result
Total oil production under production-sharing regime hit...
20/05/26
BOGE2026
Global geopolitics’ impact on the local oil sector to be...
19/05/26
International Women's Day
IBP celebrates International Women at Sea Day and reinfo...
19/05/26
Pre-Salt
Mero Field in the Santos Basin Pre-Salt Receives Unprece...
14/05/26
Results
Petrobras reports net profit of R$ 32.7 billion in the f...
14/05/26
Partnership
Halliburton and Shape Digital establish strategic collab...
06/05/26
ROG.e
ROG.e 2026 will bring together CEOs from TotalEnergies, ...
06/05/26
International
At OTC Houston 2026, Firjan SENAI SESI expands its reach...
06/05/26
International
At OTC Houston 2026, Firjan SENAI holds international ed...
04/05/26
Recognition
BRAVA Energia receives top global industry award for Atl...
04/05/26
International
Brazil reaffirms technological leadership at OTC Houston...
04/05/26
Pre-Salt
PPSA closes 2025 with a net profit of R$ 30.1 million
04/05/26
Results
With 5.531 million boe/d, Brazil continues with record o...
04/05/26
International
Brazil reaffirms technological leadership at OTC Houston...
02/05/26
Environment
Brazil appears among world's largest methane emitters in...
30/04/26
PPSA
Federal Government receives R$ 917.32 million from Tupi ...
07/04/26
Study
Brazil increases dependence on thermal power, but lack o...
07/04/26
Permanent Offer
Permanent Production Sharing Offer (OPP): ANP publishes ...
07/04/26
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.