EDPR awarded 218 MW of wind in Brazil's energy auction

EDP Renovaveis SA (ELI:EDPR) announced on Wednesday it has won 218 MW of wind projects in the A-6 energy tender in Brazil, completed the same day.

Through its local arm EDP Renovaveis Brasil SA, the company was awarded a 20-year power purchase agreement (PPA) for two wind power plants to be located in Rio Grande do Norte state.

The 121.8-MW Santa Rosa e Mundo Novo and the 97.1-MW Aventura projects won contracts at initial awarded prices of BRL 99 (USD 30/EUR 25.2) and BRL 97 per MWh, respectively. Both are set to start commercial operation in January 2023.

With the latest wins, EDPR has secured 482 MW worth of wind energy projects PPAs in Brazil. The projects are under construction or in early development and due to start operations in 2017, 2018 and 2023, the firm noted.

(BRL 1 = USD 0.304/EUR 0.255)

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