AES Tiete finalizes 187 MW Ventus Wind Complex in Rio Grande do Norte

AES Tietê Energia SA has concluded the acquisition of all shares representing the capital of the special purpose entities comprising the Brasventos Eolo (former Rei dos Ventos 1), Rei dos Ventos 3 and Miassaba 3 (Ventus Wind Complex), with J. Malucelli Energia S.A. and other shareholders for a total of BRL650 million (US$124.6 million).

The project is located in one of the most privileged regions in terms of wind in the country, in Rio Grande do Norte state, Northeast coast. Operational since 2014, it has 187 MW of installed capacity, fully sold at the regulated market in reserve energy auction for a term of 20 years.