Argo currently holds 9 concessions: 4 concessions being 100% controlled by Argo Holding (Argo I, Argo II, Argo III, and Argo IV), and 5 concessions being jointly controlled (Argo V, Argo VI, Argo VII, Argo VIII, and Argo IX).
In total, we have 38 substations, located in 10 States of Brazil (Rondônia, Maranhão, Piauí, Ceará, Rio Grande do Norte, Paraíba, Pernambuco, Bahia, Goiás and Minas Gerais) with head office in São Paulo, pursuant to the map below.
| Grant |
Concession Agreement Year |
Concession Agreement Number |
Beginning of the Operations |
End of the Concession |
Length of the Line (km) |
Interest (%) |
Adjustment Index |
RAP (2022-23) BRL MM |
Tariff Review |
States |
Substation |
| Argo I |
Jun-16 |
009/2016 |
Sep-19 |
2047 |
1110 |
Argo 100% |
Broad Consumer Price Index (IPCA) |
580.94 |
Yes |
CE/PI/MA |
5 |
| Argo II |
Feb-17 |
016/2017 |
Jul-21 |
2047 |
0 |
Argo 100% |
Broad Consumer Price Index (IPCA) |
53.70 |
No |
MG |
1 |
| Argo III |
Aug-17 |
049/2017 |
Jun-20 |
2047 |
320 |
Argo 100% |
Broad Consumer Price Index (IPCA) |
98.00 |
No |
RO |
5 |
| Argo IV |
Aug-17 |
047/2017 |
Jul-21 |
2047 |
313 |
Argo 100% |
Broad Consumer Price Index (IPCA) |
86.44 |
No |
CE/PI/PE |
2 |
| Argo V |
Sep-14 |
017/2014 |
Sep-17 |
2047 |
277 |
Argo 62.5%/ Gebbrás 37.5% |
Broad Consumer Price Index (IPCA) |
86.27 |
No |
BA |
4 |
| Argo VI |
Sep-14 |
018/2014 |
Aug-17 |
2046 |
490 |
Argo 62.5%/ Gebbrás 37.5% |
Broad Consumer Price Index (IPCA) |
89.82 |
No |
CE/RN |
5 |
| Argo VII |
Mar-15 |
005/2015 |
Apr-18 |
2045 |
786 |
Argo 62.5%/ Gebbrás 37.5% |
Broad Consumer Price Index (IPCA) |
245.80 |
No |
BA/PI |
8 |
| Argo VIII |
Feb-17 |
011/2017 |
Feb-21 |
2044 |
427 |
Argo 62.5%/ Gebbrás 37.5% |
Broad Consumer Price Index (IPCA) |
154.41 |
No |
RN/PB/CE |
3 |
| Argo IX |
Feb-17 |
017/2017 |
Jan-21 |
2044 |
436 |
Argo 62.5%/ Gebbrás 37.5% |
Broad Consumer Price Index (IPCA) |
174.57 |
No |
GO/MG/BA |
3 |