Axia Energia signs mandate with IDB Invest for potential financing of up to R$ 680 million
Axia Energia disclosed a mandate letter with IDB Invest for potential financing of up to R$ 680 million to support transmission concession Lot 7. The mandate is not a financing commitment and remains subject to due diligence, documentation negotiations and internal approvals.
1. Potential project financing
Axia Energia disclosed a mandate letter with IDB Invest for potential financing of up to R$ 680 million to support transmission concession Lot 7, comprising sublots 7A and 7B, awarded in ANEEL transmission auction No. 004/2025. The project involves three 500-kV synchronous compensators in Rio Grande do Norte: two at Açu III substation and one at João Câmara III.
2. Financing remains conditional
The mandate is not a financing commitment; funding remains subject to satisfactory due diligence, documentation negotiations and internal approvals.
