One Brazilian company, one American renewable energyfirm and a third foreign company started due diligence to appraise the value ofthe projects a month ago, he added.

Braxenergy plans now to focus on consulting for theenergy sector and is investing in transmission after winning a bid last year withLT Bandeirante to build three 230kV lines with total length of 318km in thestate of Maranhão and a fourth 65km, 230kV line in the state of Ceará.