Brazil declares 98 MW of wind plants priority projects
Dec 1, 2014 - Brazil's energy ministry has approved the Itarema I, II, III and V wind farms totaling 98 MW as priority projects, according to decrees published in the official gazette on Friday.
The first three plants will have an installed capacity of 28 MW, 30 MW and 14 MW, respectively, while Itarema V represents an additional 26 MW. The wind farms will be built in Itarema, in the northeastern Ceara state.
The approval allows the owner, Itarema Geracao de Energia, to raise funds through infrastructure debentures which feature some tax incentives.
The projects negotiated their future output at the A-3 energy auction in November 2013.
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