Celeo Redes Brasi, the joint venture of Spanish power company Elecnor SA and Dutch pension fund manager APG Asset Management NV, is set to commence the installation of the solar panels for its 233 MW Sao Joao do Piaui Solar Complex located in the state of Piaui, Brazil.
The joint venture will invest up to BRL747 million (US$192.6 million) in the project. The solar complex will consist of six solar farms. In April 2018, the developers have secured the power purchase agreement deal for the projects.
Country updates
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June 11, 2019
Omega Geração closes acquisition of 303 MW Brazilian wind complex
Omega Geração S.A. has concluded the acquisition of 100% outstanding shares of CEA – Centrais Eólicas Assuruá, owner of CEA I and CEA II, from Fundo de Investime...
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June 06, 2019
CPFL to develop 69 MW Gameleira Wind Complex in Brazil
CPFL Renovaveis has planned to invest BRL350 million (US$86 million) for the development of the Gameleira Wind Complex. The project involves the construction of 69.3 MW wind complex consists of 14 wi...
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June 06, 2019
Brazil approves Energisa's acquisition of Alsol
Brazil's Administrative Council for Economic Defense (Cade) has approved, without restrictions, the acquisition of Alsol Energias Renovaveis SA by Energisa SA from Algar SA Empreendimentos e Participa...
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June 04, 2019
Enel completes sale of 540 MW of renewable capacity in Brazil
Enel S.p.A., acting through its renewable subsidiary Enel Green Power Brasil Participações Ltda, has closed the sale of 100% of three fully operational renewable plants totaling 540 MW t...
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June 03, 2019
Gás Natural Açu (GNA) LNG project reaches financial close
Gás Natural Açu (GNA), an SPV composed of Prumo Logistics, BP and Siemens, has reached financial close at the end of March on the development, construction, and operation of an...
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