BRAZIL - Abengoa concluded an agreement with Evoltz Participaçoes S.A. for the maintenance of transmission assets operated by Evoltz in Brazil for the period of five years.

Evoltz is a company created by Texas Pacific Group (TPG) in Brazil, which in May 2018 acquired a set of electric power transmission assets in operation with more than 2,175 miles of lines and 20 substations located in ten Brazilian states.

According to the agreement, Abengoa, through its subsidiary company Omega Brasil, will carry out the maintenance of these lines and the associated electrical assets for an initial period of five years.

Source: Abengoa