Enel wins second tender in Brazil in one week; company to build more than 1 GW of renewables following both awards

Published on miércoles, 20 diciembre 2017

The Enel Group was awarded the right to sign 20-year power supply contracts with three wind projects for a total capacity of 618 MW with a pool of distribution companies operating in the Brazilian regulated market

The overall investment for the construction of the plants amounts to approximately 750 million US dollars

The Group was awarded power supply contracts for more renewable capacity than any other tender participant, after the major solar award in the recent Brazilian A-4 tender

Rome - Rio de Janeiro, December 20th, 2017 – Enel S.p.A. (“Enel”), acting through its Brazilian renewables subsidiary Enel Green Power Brasil Participações Ltda. (“EGPB”), has been awarded the right to sign 20-year power supply contracts in the country with three wind projects for 618 MW of new capacity following the A-6 public tender organised by the Brazilian federal government via the country’s energy regulator ANEEL. The Enel Group is expected to invest approximately 750 million US dollars in the construction of the three plants, in line with the investment set out in its current Strategic Plan.

The Enel Group was awarded power supply contracts for more renewable capacity than any other participant in today’s tender, after being awarded contracts for 388 MW1 of solar capacity, more than any solar bidder, in the recent Brazilian A-4 renewables tender. The two awards this week are equivalent to an aggregate new capacity of more than 1 GW and a total investment of approximately 1 billion US dollars.

Antonio Cammisecra, Head of Enel Green Power, said: “Enel Green Power has had another record year and these two wins this week in Brazil provide us with good momentum going into 2018. In Brazil specifically, in 2017 we have completed the construction of almost 1 GW of wind and solar plants. The new renewable capacity assigned this week will allow us to further increase our current renewables footprint in the country, thus reinforcing our leadership in this field.”

Each wind farm is supported by 20-year power supply contracts, which provide for the sale of specified volumes of energy generated by the plant to a pool of distribution companies operating in the Brazilian regulated market. The wind farms, which will be built in the north-eastern Brazilian States of Piauí and Bahia, are expected to start operation in early 2023. The projects, once fully up-and-running, will be able to generate approximately 3 TWh of renewable energy each year.

The 510 MW Lagoa do Barro wind farm will be built in the Lagoa do Barro do Piauí, Queimada Nova and Dom Inocêncio municipalities, in the State of Piauí. Once fully operational, the plant is expected to generate nearly 2,400 GWh of renewable energy each year.

The 78 MW Morro do Chapéu II wind farm will be built in the Morro do Chapéu municipality, in the State of Bahia. The plant is expected to generate nearly 380 GWh of renewable energy each year. The plant is an extension of Enel’s 172 MW Morro do Chapéu Sul wind farm, with which it will share the same connection infrastructure.

The 30 MW extension of Enel’s already operational 180 MW Delfina wind farm will be located in the Campo Formoso municipality, in the State of Bahia. The new facility is expected to generate annually more than 160 GWh of renewable energy.

In Brazil, the Enel Group, through its subsidiaries EGPB and Enel Brasil, has a total installed renewable capacity of nearly 2,660 MW, of which 670 MW from wind power, 716 MW from solar PV and 1,270 MW from hydropower, as well as close to 172 MW of wind and 103 MW of solar capacity currently under construction.
 
Enel Green Power, the Renewable Energies division of Enel Group, is dedicated to the development and operation of renewables across the world, with a presence in Europe, the Americas, Asia, Africa and Oceania. Enel Green Power is a global leader in the green energy sector with a managed capacity of nearly 40 GW across a generation mix that includes wind, solar, geothermal, biomass and hydropower, and is at the forefront of integrating innovative technologies into renewables power plants.

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Economic | diciembre, 20 2017

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