EDP, MPX Say Regulator Approved Delay of Pecem Thermo Plant

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EDP-Energias do Brasil SA and MPX Energia SA, an energy company controlled by Brazilian billionaire Eike Batista, said the country’s power regulator Aneel allowed the companies to postpone the start of operations of the Pecem thermoelectric plant, according to a filing today.

Energia Pecem, as the plant is known, is located in Brazil’s northeastern state of Ceara, and it’s a joint venture with equal stakes by EDP and MPX. It has an installed capacity of 720 megawatts.