EDPR completes sale of 260 MW wind projects in Rio Grande do Norte
EDP Renováveis, S.A. (EDPR) has finalized the Sale and Purchase Agreement with Companhia Paranaense de Energia (COPEL) for the 100% ownership investment in 2 operating wind projects in Brazil with a combined 260 MW of capacity.
Located in the state of Rio Grande do Norte, the wind farms have a combined Enterprise Value of BRL1.8 billion (US$351.8 million). The transaction was signed in October 2022.
EDPR has now secured EUR3.4 billion (US$3.7 billion) in asset rotation proceeds under its EUR8 billion (US$8.7 billion) program planned for the period 2021-2025, enabling the company to accelerate value while recycling money for reinvestment in accretive development.
Country updates
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January 26, 2023
EGP starts commercial operation of 256 MW São Gonçalo III solar project in Piaui
Enel Green Power Brasil, the renewable generation arm of Enel Brasil, has started the commercial operation of its 256 MW São Gonçalo III solar photovoltaic project farm, which is the sec...
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January 23, 2023
Sungrow signs a 500 MW PV inverter distribution agreement with SOL+ Distribuidora in Brazil
Sungrow and SOL+ Distribuidora, the new business of Holding SOL Copérnico, have entered as an official distribution partner for the Brazilian market. SOL+ will distribute 500 MW...
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January 23, 2023
Sungrow signs 500 MW solar inverter distribution deal in Brazil
Sungrow and SOL+ Distribuidora, a subsidiary of SOL Copérnico Holding, have formed an official distribution collaboration for the Brazilian market wherein SOL+ will distribute 500 MW of solar p...
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January 18, 2023
Totalenergies to invest US$1bn in Brazilian offshore oil development
TotalEnergies has announced the final investment decision for the Lapa South-West oil development in the Santos Basin, 300 km off the coast of Brazil. The project represents an investment of almo...
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December 27, 2022
Soltec supplies 738 MW of trackers for two Brazilian solar PV projects
Soltec has signed a contract with Canadian Solar and SPIC to provide 738 MW of its trackers for two solar projects in Brazil. The projects, which are located in the northeastern states of Piaui and C...
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