Engie to buy 880MW onshore wind farm in Brazil & More News Here

Engie Brasil Energia has agreed to buy the 882MW Serra do Assuruá Serra do Assuruá (882MW) OnshoreState of Bahia, Brazil, Central & South America Click to see full particulars wind vitality mission from PEC Energia SA for BRL 265 million ($50 million).

Located in the north-eastern state of Bahia, the mission consists of 24 parcels of land, for which Engie has a lease settlement, and plans to gather wind knowledge.

The developer stated that the mission additionally had a assured connection to Brazil’s nationwide energy grid and licences from Bahia’ state surroundings and water regulator Inema.

Engie already operates the 326.7MW Campo Largo 1 Campo Largo 1 (326.7MW) OnshoreBahia, Brazil, Central & South America Click to see full particulars361.2MW Campo Largo 2 Campo Largo 2 (361.2MW) OnshoreUmburanas and Sento Sé, Bahia, Brazil, Central & South America Click to see full particulars and 360MW Umburanas Wind Complex Umburanas Wind Complex (360MW) OnshoreSento Sé, Bahia, Brazil, Central & South America Click to see full particulars missions in Bahia with nearly 1.1GW of put in capability.

The deal will increase the dimensions of Engie’s pipeline of superior renewable vitality tasks in Brazil to 3GW. Earlier this 12 months the corporate acquired two photo voltaic vitality amenities from Solaire Direct with 218MW of put in capability.

“We remain attentive to acquisition opportunities to foster and accelerate growth in renewable generation,” stated CEO Eduardo Sattamini.

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Engie is Brazil’s largest personal energy generator and operates 10GW of put in capability in the nation of which 97% comes from renewable sources. The firm is working to get rid of all fossil fuels from its operations and plans to promote the 345MW Pampa Sul coal-fired thermoelectric plant by the top of the 12 months.

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