Renova receives bids for the Alto Sertão III wind complex in Brazil
Renova Energia has received a bid from Farallon Latin America Investimentos Ltd for the 400 MW Alto Sertao III wind complex for an undisclosed value. Light S.A, one of Renova's major shareholders, has released the announcement.
The project involves the installation of a complex of 26 wind farms with a total installed capacity of 400 MW, located across several municipalities in Bahia, a northeastern state of Brazil. The complex contains 155 turbines.
Renova's management is currently evaluating Farallon's bid.
The firm has been looking for an investor in the wind complex after a broken deal with Brookfield Energia Renovavel on May 2018.
Country updates
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December 19, 2018
Vestas gets order for for 151 MW of V150-4.2 MW turbines in Brazil
Vestas has received a 151 MW firm and unconditional order for the Folha Larga wind park in the State of Bahia, taking total order intake for the wind turbine in Brazil to 252 MW. The order includes 3...
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December 15, 2018
Brazilian Electricity Regulatory Agency - ANEEL has awarded the contract for the development of the project
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December 06, 2018
China State Power bids on Brazil's Santo Antonio hydro
SPIC of China aims to acquire a stake in the 3,580 MW Santo Antonio hydropower dam in Brazil. The company offers around BRL 2B to Companhia Energética de Minas Gerais SA (Cemig), Odebrecht and...
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December 05, 2018
Brazilian telecom Claro inks 30 MW wind project PPA
Brazilian telecom, The Claro Group, has signed a power purchase agreement with Engie Brasil for 30 MW of output from the Campo Largo wind complex in the Brazilian state of Bahia. The project comprise...
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December 03, 2018
IDB Invest guarantees debentures for Brazilian solar project
IDB Invest has provided a total credit guarantee of R$315 million (US$84 million) to cover the debentures issuance for the financing of the construction and operation of phase II of the Pirapora solar...
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