03/07/2014 back

BNDES approves R$557 million to seven wind farms in CE and RS

03/Jul/2014 – By Elisa Soares from Valor Econômico

Icaraí Wind Power Complex – State of Ceará, Queiroz Galvão Energias Renováveis

Brazil's National Development Bank (BNDES) has approved a loan of R$557 million for the construction of seven wind farms in the states of Ceará (CE) and Rio Grande do Sul (RS) totaling 195.6 megawatts (MW) of installed capacity. The seven wind farms will start operating this year.

Of the total amount, R$383.7 million will go to four wind power farms owned by CPFL Energias Renováveis and located in Palmares do Sul (RS): Atlântica I, II, III and IV. The complex will have a capacity of 120MW, with an estimated total investment of R$488.3 million.

The project will have 40 wind turbines supplied by Acciona Brasil, which will be responsible for equipment supply and maintenance for 15 years.

The other three wind farms – part of the Amontoada Complex, located 168km from the city of Fortaleza (CE) – are owned by Brise Energias Renováveis, of the Queiroz Galvão Group. BNDES will provide R$173.3 million of the total investment of R$308.5 million.

The complexes have an installed capacity of 76MW, with 28 wind turbines bought from Alstom.

The resources will go to transmission systems and social investments, among other things, and will help create 2,600 direct and indirect jobs during the construction works.