Grupo NC to buy 108 MW wind complex in Brazil from Odebrecht

The Brazilian Odebrecht Organization has agreed to sell the 108 MW Corredor do Senandes wind power complex to Grupo NC, a Brazilian pharmaceutical and investment company.

The complex is located in the state of Rio Grande do Sul and consists of four wind farms. The complex comprises 40 Alstom 2.7 MW turbines. It has the capacity to power a population of about 650 million inhabitants. The total investment of the complex amounts to BRL400 million (US$124 million).

The acquisition also includes a substation and a 48 km transmission line.

With this acquisition, according to Grupo NC, the company seeks to further diversify its activities and make use of the potential recognized in the local wind energy market.

Related to Odebrecht, we reported in early September that the consortium formed by Sempra and Techint would acquire 55% percent shareholding in the Southern Andean Gas Pipeline concession in Peru, replacing Odebrecht's remaining stake in the project.