Engie Brasil Energia : acquires a 605 MW wind project in the state of Bahia
September 01, 2017 at 10:18 am EDT
Share
ENGIE Brasil Energia has acquired the Umburanas Wind Complex project worth R$ 15 million from Renova Energia S.A. The project is located in the municipality of Umburanas in the north of the state of Bahia and has an installed capacity of 605 MW. It will be ENGIE's largest wind farm to date and its second in the state of Bahia, the first being the Campo Largo Complex currently under construction in the municipal districts of Sento Sé and Umburanas with an installed capacity of 326.7 MW.
The transaction is subject to certain conditions precedent including, but not limited to, the approval of the Brazilian Anti-Trust Authority - CADE. Once concluded, ENGIE will be announcing further details of the operation. 'The wind and solar energy potential in Bahia is very good and for some years now we have been researching areas to harness this potential in the state', explains Eduardo Sattamini, CEO of ENGIE Brasil Energia. For the executive, the synergy involving the operations and installation of the two wind farms - Umburanas and Campo Largo - was one of the principal justifications for the business, optimizing the generation and transmission of energy.
The Campo Largo Complex, already being implemented adjacent to the project acquired from Renova, will have an installed capacity of 326.7 MW generated from 121 wind turbines.
Return
ENGIE Brasil Energia SA published this content on 25 August 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 01 September 2017 14:17:02 UTC.
ENGIE Brasil Energia S.A., formerly Tractebel Energia S.A., is an independent utility concessionaire. The Company is engaged in the business of generation and commercialization of electrical energy. The Company develops and operates power plants. The Company installs and operates plants fired from conventional energy sources, such as hydroelectric, thermoelectric and complementary units, small hydroelectric plants and wind, biomass and photovoltaic plants. The Company's installed capacity, including its stakes in energy generation consortiums, is approximately 7,000 megawatts. The Company's generation facilities in operation consist of 29 plants, of which nine hydroelectric power plants, seven thermoelectric power plants (three coal, three biomass and one natural gas plant), three small hydro power plants (SHPP), nine wind farms and one photovoltaic solar power plant. The Company is controlled by ENGIE Brasil Participacoes Ltda.
ENGIE BRASIL ENERGIA S.A. 
