Spanish electric utilities company Iberdrola has commissioned the Teles Pires hydroelectric power plant in Brazil.

Teles Pires comes with an installed capacity of 1,820MW, which is sufficient to provide power to approximately five million people. 

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This project comprises five turbines, each with a capacity of 364MW.

"Teles Pires comes with an installed capacity of 1,820MW, which is sufficient to provide power to approximately five million people."

Located on the border of Pará and Mato Grosso on the River Teles Pires, which is a tributary of the River Tapajós, the plant was developed by a consortium comprising Brazil-based Neoenergia (with a 50.1% stake), Furnas (24.5%), Eletrosul (24.5%) and Odebrecht (0.9%).

Iberdrola completed this project in 40 months.

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Aorund 6,500 employees worked on the project.

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Construction of a water-processing plant, sanitation facilities and areas for public use were required to commission the plant.

Iberdrola has been present in Brazil since 1997 through its 39% interest in Neoenergia.

Banco do Brasil has a 12% stake in Neoenergia while Previ has a 49% interest.

Iberdrola has a total installed capacity of 1,165 MW, most of which come from environmentally friendly facilities such as hydroelectric power plants and wind farms.