# Neoenergia energy infrastructure expansion in Brazil

> Live situation record from CLSTR: https://clstr.news/situations/neoenergia-energy-infrastructure-expansion-in-brazil
> Updated: 2026-10-22T16:01:43.000Z. Sources: 5. Developments: 2.

Neoenergia, a subsidiary of Iberdrola, has undertaken significant expansions of its energy infrastructure and financing in Brazil.

In early October, the company expanded its strategic partnership with Singapore’s sovereign wealth fund, GIC, by incorporating seven new assets into the Neoenergia Transmissão joint venture. This expansion increased Neoenergia’s stake to 51%, bringing the platform to 16 projects covering 6,710 kilometers of transmission lines across several states, including Rio de Janeiro, São Paulo, and Bahia. The infrastructure is intended to transport energy from renewable sites in the northeast to industrial centers in the southeast.

Later in the month, Neoenergia secured an R$ 857 million green loan from the European Investment Bank (EIB) to modernize the electrical distribution network operated by Elektro. This investment, part of the European Union’s Global Gateway initiative, will target 228 municipalities in São Paulo and Mato Grosso do Sul to renovate distribution lines, substations, and automation systems.

## Claims

- Neoenergia secured an R$ 857 million green loan from the European Investment Bank. (corroborated by 3 sources)
- The loan is intended to modernize the Elektro distribution network in São Paulo and Mato Grosso do Sul. (corroborated by 3 sources)
- The financing is guaranteed by the Spanish agency Cesce. (corroborated by 3 sources)
- The funds will be used for distribution lines, substations, and automation systems. (corroborated by 3 sources)
- Neoenergia previously secured a €300 million loan for the Coelba concession in 2025. (corroborated by 3 sources)
- Neoenergia secured a green loan of R$ 857 million from the European Investment Bank. (corroborated by 3 sources)
- The loan will be used to modernize the Elektro distribution network in São Paulo and Mato Grosso do Sul. (corroborated by 3 sources)
- Neoenergia previously secured a €300 million loan in 2025 for the Coelba concessionaire in Bahia. (corroborated by 3 sources)
- The investment targets distribution lines, substations, and control systems. (corroborated by 3 sources)
- The loan is part of the European Union's Global Gateway initiative. (corroborated by 2 sources)
- The operation is part of the European Union's Global Gateway initiative. (corroborated by 2 sources)

## Timeline

### 2026-10-22: Neoenergia secures R$ 857 million green loan from EIB for Brazilian grid modernization

Neoenergia, owned by Iberdrola, has obtained an R$ 857 million green loan from the EIB to modernize electrical distribution networks in Brazil's São Paulo and Mato Grosso do Sul states.

3 sources. https://clstr.news/cluster/neoenergia-secures-r-857-million-green-loan-from-eib-for-brazilian-grid-modernization

### 2026-10-01: Neoenergia and GIC expand Brazilian electric transmission partnership

Neoenergia and Singapore's GIC have expanded their joint venture, Neoenergia Transmissão, adding seven assets to reach 16 projects and 6,710 km of power lines in Brazil.

2 sources. https://clstr.news/cluster/neoenergia-and-gic-expand-brazilian-electric-transmission-partnership

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Cite as: Neoenergia energy infrastructure expansion in Brazil. CLSTR, https://clstr.news/situations/neoenergia-energy-infrastructure-expansion-in-brazil