The Santo Antonio plant is being built by Madeira Energia S.A (MESA), which a consortium of companies that include Odebrecht, Furnas, Andrade Gutierrez, Cemig and a private equity investment fund, whose shareholders include Santander and Banif.
The company is also required to repair the environmental damages caused. The 3,140-megawatt dam is expected to cost nearly R$10m (US$4.4m) and should go online in 2012.
The
