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German wind firm to sign turbine contracts in Brazil

Deals for 400MW in the pipeline for Fuhrländer

Fuhrländer expects to sign three wind turbine supply contracts in Brazil
Fuhrländer expects to sign three wind turbine supply contracts in Brazil this month

Fuhrländer AG, a German wind-turbine maker, expects to sign its first supply contracts for the Brazilian wind power market this month, according to media reports. The deals, worth around BRL 900m (USD 523m), are with three developers for a combined capacity of 400MW and are now in the final stages of negotiations, the company has said.

The turbines will to be supplied from a factory Fuhrländer is building in northeast Brazil. Construction on the BRL 20m (USD 11.6m), factory, in the city of Pecem, is due to start this March.

The factory will initially produce 20 wind turbines a month. Fuhrländer will not name the three prospective clients until the deals are concluded, but says they are among the companies that won contracts to sell power in a December auction run by the Brazilian government. The wind farms must be completed by 2016.