Brazil clears debentures issuance for 151 MW of renewables

Wind farm in Brazil. Author: Otávio Nogueira. License: Creative Commons, Attribution 2.0 Generic.

February 3 (Renewables Now) - The Brazilian Ministry of Mines and Energy has allowed four renewable energy projects with a combined capacity of 151 MW to issue infrastructure debentures.

With the permits, the projects -- one photovoltaic (PV) and three wind -- now have the priority status, which is needed to speed up their implementation, according to decrees published by national power sector regulator Aneel.

The 25-MW Sao Pedro e Paulo I PV project is located in Pernambuco and owned by a 50/50 partnership between Kroma Comercializadora de Energia Ltda and Z2 Energias Renovaveis SA.

The remaining three wind plants -- Monte Verde VI (46.2 MW), Boqueirao I (42 MW) and Boqueirao II (37.8 MW) -- are owned by EDP Renovaveis Brasil SA. Located in Rio Grande do Norte state, these wind power facilities use 30 wind turbines in total.

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Lucas is based in Brazil. He joined Renewables Now to expand coverage of the Ibero-American market, a highly attractive destination for green energy investment.

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