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Home With an eye on the power of renewable energy, Copel bets big and invests BRL 1,8 billion in the acquisition of nine wind farms in Brazil

With an eye on the power of renewable energy, Copel bets big and invests BRL 1,8 billion in the acquisition of nine wind farms in Brazil

7 October 2022 to 09: 13
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With an eye on the power of renewable energy, Copel bets big and invests BRL 1,8 billion in the acquisition of nine wind farms in Brazil
Credits: Companhia Paranaense de Energia

With an installed capacity of 260,4 MW, the wind farms acquired by Copel increase its wind production capacity by 28%

Copel, Paranaense Energy Company, announced the acquisition, through its subsidiary Copel Geração e Transmissão, of the wind farms of the complexes of Santa Rosa & New World and Adventure, held by EDP Renováveis ​​Brasil. The amount invested by the company was R $ 1,8 billion and, with this new acquisition, wind power now represents 17% of Copel's portfolio. This was done as part of the company's strategy to grow in renewable energy and diversify its generation matrix.

The complexes acquired by Copel have a total installed capacity of 260,4 MW together. With this transaction, the company's installed wind production capacity increased by 28%, and wind power now represents 17% of the company's generation portfolio. According to the executives, this results in a reduction of the company's exposure to hydrological risk.

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Wind complexes acquired by Copel represent nine parks located in Rio Grande do Norte

The company claims that the Rio Grande do Norte is “considered one of the best regions in the world for power generation wind”. Copel points out that the complexes include nine parks that are already in operation and are located in the municipalities of Touros and São Tomé, in the state of Rio Grande do Norte.

It is estimated that around 76,5% of the energy generated in the complexes has already been sold in the regulated environment, while 13,7% of the energy was sold in the free environment, leaving only 9,8% of the energy available for new contracts.

The completion of the acquisition of wind farms by Copel still depends on the approval of CADE (Administrative Council for Economic Defense).

Get to know the Paranaense Energy Company – Copel

Copel is an energy generation and distribution company in the state of Paraná, incorporated on October 26, 1954, with shareholder control by the State. The company opened its capital to the stock market in April 1994 and, in July 1997, became the first company in the Brazilian electricity sector to be listed on the New York Stock Exchange. 

The Company directly serves a total of 4.515.938 consumer units distributed in 394 municipalities and 1.113 locations (neighborhoods, cities and towns). This universe covers a total of 384 commercial establishments, 78 industries, 356 rural properties and 3,6 million homes. Copel has a workforce of more than 8 professionals.

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