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Brazil's Votorantim Energia inaugurates 206-MW wind complex

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

February 12 (Renewables Now) - Brazilian energy company Votorantim Energia has inaugurated a 206-MW wind power complex, the National Wind Energy Association (Abeeolica) announced on Friday.

Named Ventos do Piaui, the complex is comprised of seven wind parks with 98 wind turbines in total, located between Piaui and Pernambuco states. The complex, Votorantim's first wind energy facility, required a total investment of BRL 1.1 billion (USD 333.7m/EUR 272m).

Ventos do Piaui is one of the assets owned by a recently created joint venture between Votorantim and the Canada Pension Plan Investment Board (CPPIB). As of now, the JV also has the 359-MW Ventos do Araripe III wind farm under its belt, acquired from project developer Casa dos Ventos in December. The joint venture plans to invest BRL 3 billion in Brazil's energy sector in the coming years.

Currently, Votoranim Energia's portfolio includes 32 hydropower plants (HPPs) with a combined installed capacity of 2.6 GW.

(BRL 1 = USD 0.30/EUR 0.25)

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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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