Brazil's Copel concludes buy of 187-MW wind complex from Voltalia

Brazil's Copel Cutia Wind Complex in Rio Grande do Norte

December 2 (Renewables Now) - Brazilian power utility Companhia Paranaense de Energia (BVMF:CPLE6), better known as Copel, has completed the purchase of a 186.7-MW wind power complex from Voltalia Energia do Brasil SA.

The deal was valued at a little over BRL 1 billion (USD 178m/EUR 157m), or BRL 108.92 per MWh. Named Vilas Wind Power Complex, the asset consists of five parks located in the municipality of Serra do Mel, Rio Grande do Norte state.

Part of the complex's output was sold in the regulated market (ACR) with power supply foreseen to commence in 2023 and 2024. Until then, this energy will be sold in the free market (ACL).

At present, Vilas also benefits from a long-term financing with maturities until 2040 contracted with the Brazilian Northeast Bank, also known as BNB, Copel noted.

(BRL 1.0 = USD 0.178/EUR 0.157)

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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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