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Madeira River / In the Medias

Brazilian Consortium to Build Amazon Dam

Alen Clendenning, AP

SAO PAULO, Brazil -

A Brazilian consortium won an auction Monday to build and operate a major dam in the Amazon rain forest following a bidding process disrupted by protesters who claim the project will displace thousands and harm the environment.

Suez, Endesa to bid on $5 billion Brazil Amazon dam

Reuters

French utility company Suez, Spain's Endesa and banks including Santander filed to bid for a major electricity project in Brazil's Amazon, the country's electricity regulator said on Friday.

Brazil Gives Amazon Dams Go-ahead

Gary Duffy, BBC

Brazil has given the initial go-ahead for the construction of two hydro-electric dams to be built on the longest tributary of the Amazon River.

The Madeira River projects have divided opinion even within government and in recent years have been one of the most environmentally sensitive issues.