BNDES Financing Brazilian Wind Power Project (Int'l Report)
Iberdrola, BNDES,Brazilian Wind Power
In Rio de Jan1ero, the Brazilian National Bank for Economic and Social Development (BNDES) reports approval of a 1.3 billion reais loan to Brazilian Wind Power to finance construction of 12 wind farms in Paraíba state totaling 1.6 billion reais ($395,765,440 US). The wind farms will have a total installed capacity of 370.8 MW when fully operational in 2022.
Brazilian Wind Power is controlled by Neoenergia, owned by Madrid-based renewable energy giant Iberdrola.
(Source: BNDES,PR, reve, 3 Jan., 2019)
Contact: National Bank for Economic and Social, Development, +55 21 2052-7447 / 3747-7447, www.bndes.gov.br; Iberdrola Renewables, Xabier Viteri, Dir. Renewables Business, www.iberdrolarenewables.com
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Ambev Investing in Wind, Solar for Brazilian Operations (Int'l.)
In Brazil, Ambev, a Brazilian brewing company that joined Belgian beer maker Anheuser-Busch InBev, reports an agreement with Casaforte Investimentos, a private equity group, to construct an 80MW wind farm that will supply power to to all of its beverage plants in Northeastern Brazil, as well as to its five Budweiser breweries across Brazil.
Under the terms of the agreement, Ambev will invest approximately $145 million over 15-years in Casaforte Investimentos, which will also construct a 1,600 hectare wind farm in Bahia state.
The project has reportedly received all necessary regulatory licenses and permits and is expected to be completed and operational in 2022, when it will generate roughly one-third of the Brazilian breweries' power needs.
In June, Ambev committed to the construction of 31 solar facilities to power its 94 distribution centers in Brazil.
(Source: Ambev, reve, 9 Nov., 2019) Contact: Ambev, www.ambev.com.br
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Statkraft Adding Wind Power in Brazil (Int'l, Ind. Report)
In Oslo, Norwegian state-owned energy company Statkraft AS is reporting plans to invest roughly €433 million ($482.6 million) in the development of nearly 500 MW of wind projects in Brazil. To that end, the company is in talks with banks for financing alternatives as well as with potential equipment suppliers, according to a release.
(Source: Statkraft, Renewables Now, 22 Oct., 2019) Contact: Statkraft AS, Duncan Dale, VP UK, +47 24 06 70 00, www.statkraft.com
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, Brazil Wind
180-MW Brazilian Wind Park Complex Now Online (Int'l. Report)
The Brazilian power utility Companhia Paranaense de Energia (COPEL) reports the last three units of the 180.6-MW Cutia wind energy complex in Rio Grande do Norte state is now online.
The facility consists of seven wind parks totaling 86 wind turbines. (Source: Copel, Renewables, 26 Sept., 2019) Contact: Copel, (+55 41 3222-2027, +55 41 3331-3277,
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Enel Nails Brazilian 29.4-MW Wind Farm Expansion (Int'l Report)
The renewables subsidiary of Rome-headquartered, Italian utility Enel SpA reports it has connected its 209.4-MW Delfina Wind Farm to the Brazilian grid Brazil with the completion of $40 million, a 29.4-MW expansion.
With the expansion, the wind farm is expected to offset the emission of over 580,000 tpy of CO2. The wind farm's expansion output will be sold on the spot market from 2019 to 2022.
The original Delfina wind farm became operational in 2017 with an installed capacity of 180 MW. (Source: Enel SpA, Renewables, 13 June, 2019)Contact: Enel SpA, www.enel.com
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