Ceiba Energy owns and operates two gas-fired power plants, Jaraqui and Tambaqui, in Manaus, Brazil. Both plants are fully contracted, and their energy is delivered to Amazonas Energia through a 20 year Build, Own and Transfer Agreement.

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Ceiba Energy is developing the Portocem LNG-to-power project in Northeast Brazil. The project was awarded a 1.6-GW PPA for 15 years. The project is located next to an existing port and will receive LNG shipped via FSRU transportation. The gas-fired simple cycle power plant is licensed up to 2.2 GW. The new plant will provide reliable and firm capacity to Brazil.

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