GLOBAL TENDERS

Construction works started for street lighting PPP in Brazil

IPSul Concessionária de Luz Pública SA, an SPV responsible for street lighting concession in Porto Alegre, has begun implementation of concession by replacing the conventional lighting with LED at Restinga district. The SPV is a consortium formed by Quantum Engenharia, GCE SA, Fortnort Environmental and Urban Development and STE Serviços Técnicos de Engenharia SA. The SPV expects to replace more than 50,000 light bulbs in Porto Alegre by the end of 2021. These changes will reduce the electricity consumption of street lights in the city by 55%. Under the concession, more than 63 neighborhoods will be served with LED lighting. Neighborhoods with high population density are prioritized and will go through the change first. SPV will also develop a remote management system to closely monitor the system to ensure safety and uninterrupted services. The Mayor, Sebastião Melo, said: "We are continuing the work of the past administration by experimenting with the first PPP in the Capital. Restinga has more than 100,000 residents and deserves to receive the first light bulbs. We are going to reinforce the work going from the neighborhood to the Center to initially contemplate the poorest areas of Porto Alegre”. Brazil

Financial close achieved for USD133 million road PPP project in Colombia

Mota Engil and Coherpa-Icein, project owners for the Ibagué-Honda-Cambao-Manizales corridor concession, have secured COP458 billion (US$116.76 million) funding from Bancolombia, IPC, and CAF-AM Ashmore I fund. The project is under construction and 43.55% of the works have been completed. The works are under progress on 42 different fronts and are expected to be finished soon. According to the financial agreement, Bancolombia will provide investments of COP165.30 billion (US$42.14 million), IPC will finance COP116.70 billion (US$29.75 million) and CAF-AM Ashmore I will COP176 billion (US$44.87 million). Once completed, the project will add 256 kilometers of roads to the national road network of Colombia. The project is part of Colombias fourth-generation roads concessions (4G concession). The works of this project will allow to promote tourism in the north of Tolima and thus generate commercial ties with the department of Caldas. Currently, work is continuing to adapt the asphalt layer between Ibagué and the Armero crossing, and between Cambao and this same crossing, and it is expected that by the end of 2021 there will be 166 km rehabilitated, paved and improved. Colombia

Tender issued for USD369 million Reservoir PPP project in Chile

Ministry of Public Works in Chile has relaunched the tender seeking a private partner for the Punilla reservoir concession. Earlier in October 2021, the authority had mutually ended the concession contract for the reservoir with Astaldi. Under the new concession, the private partner will be responsible for developing a storage reservoir with a capacity of 565 million cubic meters located in the mountain sector of the Ñuble Region approximately 30 kilometers from San Fabián. The reservoir will also have a 137-meter-high dam with an ecological flow that ranges between 10 and 18 m3/s and the capacity to produce electricity. The concession period for the project is 40 years. The estimated investment value of the project is US$369 million. The authority expects to choose a concessionaire by May 2022 and start project implementation in the first quarter of 2023. The deadline to submit the proposal is March 17, 2022. For more information about this tender, visit our business opportunities page here. Chile

Gelion to deliver 100 MWh of zinc-bromide battery storage for Papua New Guinea project

Gelion Technologies has announced a new partnership with Mayur Renewables, which aims to develop a renewable energy portfolio in Papua New Guinea. The newly signed memorandum of understanding (MoU) will see Gelion supply Mayur Renewables, a division of Sydney-listed Mayur Resources, with its zinc-bromide Endure batteries. Gelion is currently bringing the Endure batteries to full commercialization. It is initially looking to deliver 100 MWh of energy storage to Mayur from 2022 to 2027. “The heat-resistant Endure battery is ideal for conditions in PNG and we look forward to supplying Mayur with energy storage capability to support and boost their operations,” said Gelion CEO Andrew Grimes. Mayur Renewables Managing Director Paul Mulder said Gelion can also support its nation-building vision for PNG. “It’s fantastic to get in on the ground floor with Gelion, which has the technology and lower-installed cost to enable Mayur to increase renewable energy penetration at a faster rate than with existing technologies,” he said. Gelion is marketing itself as a safer alternative to lithium-based battery chemistries. It wants to bring the Endure batteries into the market at a remarkably competitive $100 per kWh. It says its novel manufacturing approach and highly engineered design have allowed it to provide such a low-cost offering. “Only 13% of PNG is electrified. Most of the current power generation capacity relies on diesel or heavy fuel oil, which is not sustainable in today’s energy market. Gelion’s robust and scalable zinc-bromide Endure batteries, coupled with large-scale solar energy could provide remote PNG communities with an affordable, renewable and robust solution for their energy needs,” said Mulder. The partnership announcement follows the completion of a Mayur Renewables study for a Special Economic Zone in Papua New Guinea, where around 500 MW of solar could be installed. In terms of scale, that’s just shy of the island’s total installed power capacity, which sits at 580 MW. Mayur Renewables said the solar project would provide a source of renewable energy for its planned Central Cement & Lime project, while also provide electricity for other industrial users. Papua New Guinea