Voltalia enters agreement with STOA for the sale of minority stakes in VSM 1 and VSM 2 wind farms
Renewable energy developer, Voltalia, has entered into an agreement with an investment fund, STOA, for the sale of the minority stakes in two wind farms in Brazil.
STOA will acquire 35% stake in each of the 163 MW VSM 1 and 128 MW VSM 2 wind projects currently being developed by Voltalia in the Rio Grande do Norte. The projects are part of the Serra Blanca cluster.
The deal is expected to before the end of 2019.
Country updates
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July 05, 2019
Soltec to supply and install bifacial trackers in 475 MW Sao Goncalo solar PV project in Brazil
Soltec, a manufacturer and supplier of single-axis solar trackers in Brazil, is supplying and installing its Soltec SF7 bifacial trackers at a 475 MW project that the Enel Group’s renewable comp...
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July 05, 2019
Voltalia secures PPAs for 70 MW Vila Alagoas wind project in Brazil
Voltalia has announced that it has won long-term contracts for a new 70 MW wind project in Brazil. Located in company’s Serra Branca cluster, the new Vila Alagoas project will benefit from a 63...
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July 02, 2019
Vestas secures 281 MW order of V150-4.2 MW turbines in Brazil
Vestas has received a 281 MW order for three wind parks in Brazil through a non-regulated power purchase agreement. The contract includes the supply and installation of 67 V150-4.2 MW turbines that wi...
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June 25, 2019
BNDES raised concern about BRL 1 bn Alto Sertao III loan
The Brazilian Development Bank (BNDES) has raised concern in the BRL 1 billion (US$261 million) loan it has extended to the 743 MW Alto Sertao III wind complex because of uncertainties...
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June 25, 2019
EDP concludes acquisition of electricity transmission line in Brazil
EDP - Energias do Brasil, SA (EDPB), 51% held by EDP - Energias de Portugal, SA (EDP), has announced the acquisition of 100% of a transmission line, with a total length of 142 km including 2 sub-sta...
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