|
|
|
|
Search: 
Latin American Herald Tribune
Venezuela Overview
Venezuelan Embassies & Consulates Around The World
Sites/Blogs about Venezuela
Venezuelan Newspapers
Facts about Venezuela
Venezuela Tourism
Embassies in Caracas

Colombia Overview
Colombian Embassies & Consulates Around the World
Government Links
Embassies in Bogota
Media
Sites/Blogs about Colombia
Educational Institutions

Stocks

Commodities
Crude Oil
US Gasoline Prices
Natural Gas
Gold
Silver
Copper

Euro
UK Pound
Australia Dollar
Canada Dollar
Brazil Real
Mexico Peso
India Rupee

Antigua & Barbuda
Aruba
Barbados
Cayman Islands
Cuba
Curacao
Dominica

Grenada
Haiti
Jamaica
Saint Kitts and Nevis
Saint Lucia
Saint Vincent and the Grenadines

Belize
Costa Rica
El Salvador
Honduras
Nicaragua
Panama

Bahamas
Bermuda
Mexico

Argentina
Brazil
Chile
Guyana
Paraguay
Peru
Uruguay

What's New at LAHT?
Follow Us On Facebook
Follow Us On Twitter
Most Viewed on the Web
Popular on Twitter
Receive Our Daily Headlines


  HOME | Brazil (Click here for more)

EDF Buys Brazil Wind Projects from Sowitec

PARIS – Electricite de France, or EDF, said Wednesday it was creating a renewable energy unit in Brazil with the majority stake it acquired from Sowitec in a wind power portfolio with 800 MW of generating capacity.

The new unit, EDF EN do Brasil, will develop the portfolio jointly with Sowitec, which will retain a 20 percent stake in the portfolio, EDF said in a statement.

The first wind farm, which has 70 MW of generating capacity, is located in Bahia state and will start operating in late 2017.

Electricity generated at the wind farm will be sold to utility ANEEL under a 20-year contract.

Brazil is the 19th country into which EDF has expanded its renewable energy business and the new subsidiary will be headquartered in Rio de Janeiro.

EDF is “setting its first foot in the South American continent,” the director of the new unit, Antoine Cahuzac, said, adding that Brazil “offers considerable wind power potential and a favorable regulatory framework for a massive increase in renewable energy in the energy mix.”

 

Enter your email address to subscribe to free headlines (and great cartoons so every email has a happy ending!) from the Latin American Herald Tribune:

 

Copyright Latin American Herald Tribune - 2005-2018 © All rights reserved