Gas Natural Fenosa has announced that it has agreed to purchase the projects from Canadian Solar, through its unit Global Power Generation (GPG), a joint venture with the Kuwait Investment Authority . The completion of the transaction is subject to certain conditions, including the approval of the Brazilian competition authorities
WEG SA and Acciona Windpower have been prequalified in the competitive process to supply the turbines for the project. Energia dos Ventos is to pay up to BRL527 million to the winner, of which BRL495 million will be for the equipment and the rest for O&M services