Norwegian state-owned energy company Statkraft AS will invest roughly BRL 2.5 billion (USD 444.6m/EUR 381m) in the development of a 519-MW wind complex in Brazil.
Named Ventos de Santa Eugenia, the asset is expected to break ground in January 2021 and have its first turbines generating power in 2022. Full completion is set for 2023, boosting Statkraft's capacity in the country to 967 MW.
Located in Bahia state, the wind complex will include 14 wind parks with 91 turbines of 5.7 MW each. German wind turbine maker Nordex SE (ETR:NDX1) is the equipment manufacturer.
Together with Serra de Mangabeira, Santa Eugenia is part of the first phase of the 1.1-GW Ibipeba wind complex.