CGN Brasil Energia signs PPA deal with Bolt Energy for 195 MW Lagoa do Barro wind complex

Bolt Energy has closed a long-term contract with CGN Brasil Energia e Participações, an arm of China General Nuclear Power Group (CGN) for the 15 MW power supply of renewable energy for over five years. 

The BRL90 million (US$16.6 million) deal involves the purchase of wind energy by Bolt from the Lagoa do Barro wind farm in Piauí, more specifically from the Lagoa do Barro IX Renewable Energies and Lagoa do Barro X Renewable Energies projects. 

Atlantic Energias Renovaveis, the developer of the 195 MW Lagoa do Barro wind complex, is acquired by China's CGN Energy International Holdings Co Ltd in 2019.