Iberdrola has commissioned the Teles Pires hydroelectric power plant located in Brazil through its Neoenergia holding.
The investment in this facility touched about €1.1bn and the initiative included avant-garde environmental projects, such as an innovative system to minimise water consumption and a design that blends in completely with the Amazon jungle.
Teles Pires comes with an installed capacity of 1,820MW to supply electricity to a population of five million Brazilians.
It consists of five turbines with a unit capacity of 364MW each.
The plant is located on the border of the states of Pará and Mato Grosso, on the River Teles Pires, which is a tributary of the River Tapajós, close to the towns of Jacareacanga and Paranaíta.
It was developed by a consortium formed by Neoenergia (50.1%), Furnas (24.5%), Eletrosul (24.5%) and Odebrecht (0.9%).
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By GlobalDataIberdrola completed this project in 40 months.
Around 6,500 (mostly local) employees worked on the project, for which a city providing all the necessary services was built.
Further, commissioning the plant required the construction of a water-processing plant, as well as sanitation facilities and areas for public use.
The construction of this facility also had a positive impact because of the indirect jobs generated, as a further 15,000 people in the area benefited from the initiative and several local companies were involved in providing services to the project.
