Elecnor Secures an Additional 28 MW of Wind Power in Brazil

published: 2011-08-26 11:41 | category: News

Elecnor, through its subsidiary Enerfin, has secured an additional 28 MW of wind power in Brazil, where it already develops and operates 300 MW. The multinational will now operate a total of 328 MW, staking its place among Brazil’s industry leaders.

The project allocated to Elecnor involves the construction and operation of a new wind farm, which will go by the name Dos Indios 2, in the State of Rio Grande do Sul. The new wind farm will be incorporated within Elecnor’s wind complex in Osorio, which became operational in 2006 and is considered the largest of its kind in Latin America. The total investment for this new wind farm –equipped with 14 wind turbines–, will amount to 104 million reais, roughly around 45.3 million euros.

The Dos Indios 2 wind park will capitalize on the transformation infrastructures and on the network connection already in place at the Osorio complex to offer extremely competitive prices, a decisive factor given the current state of Brazil’s wind market. The estimated date for connection to the network is July 2014.

Elecnor has consolidated its position within the realm of renewable energy, with a prominent foothold in wind (over 1,000 developed MW), thermal solar (three plants currently under construction in Spain) and photovoltaic solar energy. The development of this new Brazilian wind farm is part of the investment efforts put in place by Elecnor within its 2011-2013 Strategic Plan: 2,800 million euros, of which 700 are directly attributable to the company through capital contributions in projects which will be financed under a "project finance" model.

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