Itaipú's transfers to Paraguay fell 12.53% in the first five months of 2026 compared with the same period last year. From January to May of this year, the binational entity transferred $205,265,900 to the country, versus $234,673,800 in the same period of 2025, a difference of $26,407,900 less.
The steepest drop was recorded in the Energy Cession Compensation, which fell 34.15% over the period. Between January and May 2026, payments to Paraguay for the assignment of rights over Itaipú's energy totaled $55,553,300, whereas in the same period of the previous year they had reached $84,210,200, that is, $28,757,000 more.
Royalties — payments made by the binational entity to the owners of the Paraná River for the use of the water resource — saw a more modest reduction. In the first five months of 2026, remittances totaled $109,297,000, compared with $110,549,500 in the same period of 2025, a difference of 1.13%, equivalent to $1,250,500.
Meanwhile, benefits earmarked for the Administración Nacional de Electricidad (ANDE), Paraguay's state electricity utility, posted a slight increase. In the period analyzed, transfers totaled $40,515,600 in 2026, versus $39,914,000 the previous year, a growth of 1.51%.
The monthly report from Itaipú's Financial Directorate, distributed by the Social Communication Advisory Office, does not detail the causes of the sharp drop in remittances. The document highlights that the plant had "excellent performance" in power generation and that the entity continues to "honor its financial commitments in a timely manner."
Brazilian publications, however, attribute the decline to lower water inflows in the region's reservoirs and project that the rivers supplying Itaipú are not expected to see abundant flows in the period.