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: 3243 (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
see see
International
PortXL presents its 2026 cohort of 11 maritime startups ...
30/09/26
ADIPEC
ADIPEC 2026 set to welcome record Asian participation as...
29/09/26
ANP
Royalties: amounts referring to July production were dis...
29/09/26
25th WPC
Riyadh Takes Center Stage as Global Energy Heavyweights ...
28/09/26
ROG.e 2026
Petrobras president advocates active exploration and exp...
25/09/26
ROG.e 2026
Nikki Martin, president and CEO of EnerGeo Alliance, spo...
25/09/26
ROG.e 2026
Oil States Highlights Integration Between Engineering, M...
25/09/26
ROG.e 2026
Port of Açu and OceanPact sign agreement for expansion o...
25/09/26
ROG.e 2026
Lumina’s Role and the Impact of ROG.e 2026 on the Energy...
25/09/26
ROG.e 2026
Leaders Identify Brazil as a Pillar of Energy Security a...
24/09/26
ROG.e 2026
Firjan SENAI and Sebrae Rio Connect Small Businesses wit...
24/09/26
ROG.e 2026
PPSA Study Identifies Best Practices to Support Investme...
24/09/26
ROG.e 2026
ROG.e 2026 Reinforces the DE&I Agenda in the Energy Sect...
24/09/26
ROG.e 2026
IBP Launches Publication on Energy Companies’ Socio-envi...
23/09/26
ROG.e 2026
Industry Giants and Independent Producers Accelerate Pro...
22/09/26
ROG.e 2026
Firjan Attends ROG.e 2026 Opening Ceremony and Signs Tec...
22/09/26
ROG.e 2026
ROG.e 2026 Opening Ceremony Highlights Just Energy Trans...
21/09/26
ROG.e 2026
Global Leaders Position Brazil as a Hub of Stability, At...
21/09/26
ROG.e 2026
Exclusive Interview: Pelagus targets Brazil to strengthe...
21/09/26
ROG.e 2026
At ROG.e, Firjan SENAI Holds the 30th Edition of the Sup...
21/09/26
ROG.e 2026
ROG.e 2026 kicks off next Monday (21) with global energy...
19/09/26
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.