Weekly renewables M&A round-up (Jun 27-Jul 1)
Jul 01, 2022 17:05 CESTMarch 29 (Renewables Now) - Norwegian state-owned energy company Statkraft AS has commenced construction works on the 519-MW Ventos de Santa Eugenia wind complex in Brazil.
The company plans to invest roughly BRL 2.5 billion (USD 434.3m/EUR 367.3m) in the project.
The complex will feature 14 wind farms formed by a total 91 turbines of 5.7 MW each erected across sites in the state of Bahia. German wind turbine maker Nordex SE (ETR:NDX1) is the equipment manufacturer, according to an earlier statement by Statkraft.
Ventos de Santa Eugenia will have its first turbines generating power in 2022, while full completion of the project is set for 2023. Statkraft's capacity in the country will then reach 967 MW, the company said.
Once in operation, the wind complex is expected to generate some 2.3 TWh of clean energy per year, or enough to meet the demand of 1.17 million Brazilian homes, Statkraft noted.
(BRL 1.0 = USD 0.1784/EUR 0.147)
Weekly renewables M&A round-up (Jun 27-Jul 1)
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