Omega buys half of 181.5 MW Ventos da Bahia 3 wind project in Mulungu do Morro
Omega (OMGE3) has signed a binding contract with French company EDF Renewables for the purchase of 50% of Ventos da Bahia 3 wind farm complex for up to BRL422 (US$81) million.
A total of BRL196.6 (US$38) million will be paid in cash and BRL226.3 (US$43.7) million assumed in net debt.
Altogether, the park has a projected installed capacity of 181.5 MW (megawatts) and is expected to start operating in January 2022. The facility is an expansion of the Ventos da Bahia 1 and 2 wind farms, located in Mulungu do Morro, Brazil.
Country updates
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August 06, 2021
Neoenergia starts commercial operation of 34.65 MW wind project in Paraiba
Neoenergia has started the commercial operation of the 34.65 MW wind project located in Paraiba state, Brazil. The project consists of 10 wind turbines and is a part of the 471.25 MW Chafariz wind co...
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August 04, 2021
Neomille to build Greenfield ethanol production plant in Maracaju
Neomille, a subsidiary of CerradinhoBio, plans to build a corn-based ethanol plant in Mato Grosso do Sul, Brazil. With an investment of BRL1 billion (US$192 million), project Greenfield has an annual...
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July 30, 2021
BNDES to finance 68 MW solar project in Curral Novo
Brazil's National Development Bank (BNDES) will support the construction of 68 MW of solar project through a loan of BRL189.9 million (US$36.7 million), which corresponds to 80% of the total project c...
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July 26, 2021
Shell, Gerdau to develop the 190 MWdc Aquarii solar PV project in Brasilândia de Minas
Royal Dutch Shell Plc, in a 50/50 joint venture with Gerdau SA, has announced to jointly develop the 190 MWdc Aquarii solar photovoltaic project located in the municipality of Brasilân...
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July 21, 2021
Atlas Renewable Energy and Unipar sign PPA for Lar do Sol – Casablanca II Solar Plant
Atlas Renewable Energy has signed a large-scale solar energy power purchase agreement (PPA) with Brazilian chemical company Unipar Carbocloro SA through Atlas Renewable Energy's Lar do Sol &...
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