Sao Paulo, Brazil, 24 March – EDP plans to invest 244 million relas (around 100 million euros) in the construction of a wind farm in southern Brazil, which is expected to be concluded at the end of 2010, the Portuguese group said in Sao Paulo Tuesday.
The laying of the first stone of the wind farm is due to take place Wednesday in Tramandaí, a city 120 kilometres from Porto Alegre, the capital of the state of Rio Grande do Sul.
With a production capacity of 70 megawatts, the new park will position the Portuguese group at the “top of the wind energy operators in Brazil” said the deputy chairman of EDP, Miguel Setas.
Currently, the Portuguese group operates 14 megawatts in two wind farms in the state of Santa Catarina, also in southern Brazil.
Construction of the wind farm is part EDP’s investment plan worth some 2 billion reals over the next two years in Brazil.
Between 2005 and 2012 EDP is expected to quadruple its installed capacity to around 2,177 megawatts, which would be “the biggest percentage growth in the Brazilian electricity sector,” chairman António Pita de Abreu said recently.
In Brazil Energias do Brazil controls distribution companies, Bandeirante (Sao Paulo), Escelsa (Esprito Santo state) and Enersul (Mato Grosso do Sul), as well as generation companies, EDP Lajeado, Energesy and Enerpeixe, and sales company Enertrade. (macauhub)