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Spanish firms to develop 10 wind farms in Brazil

IBERDROLA and Gamesa to provide 288 MW of Brazilian onshore wind projects

Wind turbines near the beach outside Fortaleza, Brazil

Spanish firms are developing 288 MW of wind projects in Brazil. Spain’s IBERDROLA and Brazilian consortium NEOENERGÍA will sign 10 loans for a total amount of EUR 300m, with Banco Nacional do Desenvolvimento Economico y Social (BNDES) and with Banco do Brasil.

The funds will go towards financing 10 wind farms in Brazil, which the two companies will jointly develop, in the states of Río Grande do Norte and Bahía, with a total capacity of 288 MW.

Spanish firm Gamesa will provide the wind turbines to be installed at the facilities, which is IBERDROLA's main supplier for its renewables projects across the globe. They will be built at Gamesa's factory in Camaçarí, in the state of Bahía. The wind facilities are Calango 1, 2, 3, 4 and 5, Caetité 1, 2 and 3; Arizona 1; and Mel 2.

IBERDROLA said: “All these wind farms are located in the states of Río Grande do Norte and Bahía, to the east of the country, and are strategic for their good wind resource.”

Both companies were awarded construction of the wind farms in August 2010 at the second tender for renewable energy organised by the National Electric Energy Agency (Aneel), as part of the Brazilian government's Growth Acceleration Programme.

IBERDROLA and NEOENERGIA have already begun construction on four of the 10 facilities (Caetité 1, 2 and 3, and Mel 2) and expect to start work on the other six wind farms over the coming months.

The projects will generate around 200 jobs in the construction phase and an additional 20 positions will be hired for the subsequent operating and maintenance work.

Furthermore, the power from these facilities will allow sufficient renewable energy to be generated to supply electricity to nearly 450,000 Brazilians, preventing the emission of around 510,000 tonnes of CO2 a year.

IBERDROLA currently has one wind farm in Brazil, the Río do Fogo facility in the state of Río Grande do Norte. The site has an installed capacity of 49 MW.