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Brazil and Germany secure 600MW Brazilian wind projects

MPX and E.ON in joint venture to acquire and expand three wind farms in northest Brazil

Three Brazilian wind farms have a potential total capacity of 1200MW

Brazil and Germany firms are in joint ventures to acquire 600MW of wind power projects in Brazil worth USD 10.8m, it emerged this week.

Brazilian energy company MPX and German utility company E.ON AG signed a deal to aquire and expand three wind energy projects in Brazil.

The deal, that includes Jandaíra, Pedra Preta I and Pedra Preta II wind farms in the State of Rio Grande do Norte, covers a possible expansion of additional 600 MW, currently under development with 18 months of wind measurement completed.

“We are pleased to announce this new acquisition, which bolsters our commitment to building Brazil's renewable energy resources,” said Eduardo Karrer, CEO of MPX.

“With E.ON's vast experience of wind energy and our expertise in the Brazilian market, we look forward to jointly developing this premium asset,” he said.

The development follows in the footsteps of the German wind turbine manufacturer Fuhrlander that began a construction of a wind power plant also in the Northeast of Brazil earlier this year.