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Concessionaires’ losses in pandemic will increase tolls and energy bills in Brazil

RIO DE JANEIRO, BRAZIL - Economic-financial rebalancing is a measure provided for in concession contracts to adjust the concessionaire's revenues to abrupt variations in the pre-established economic conditions.

The impact of the pandemic on economic activity should still weigh on consumers' pockets with the upward revision in energy and toll tariffs to compensate concessionaires for the drop in demand. The Treasury is feeling the pinch, with the R$1.9 billion (US$350 million) cut in payments for the granting of airport concessions.

The three sectors are currently undergoing a process of economic-financial rebalancing of contracts under . . .

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