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PAE Inaugurates Novo Horizonte Wind Complex in Bahia, the Largest in the Company with 10 Wind Farms, 94 Turbines, and Capacity of 2 Million Megawatt-Hours.
Pan American Energy has just inaugurated the Novo Horizonte Wind Complex, located in the heart of Bahia. This is the largest project the company has ever undertaken, featuring infrastructure that includes 10 wind farms and its own electrical substation. With a significant investment of R$ 3 billion, the venture promises to be a landmark in the region’s energy sector, in addition to strengthening Pan American Energy’s presence in the renewable energy market.
The inauguration event was attended by various authorities from the federal, state, and municipal governments, marking an important moment for PAE. The construction of these wind farms represents a significant advancement in the use of clean and sustainable energy sources. With a robust production capacity, the complex will generate enough energy to supply thousands of households, establishing itself as a fundamental pillar for the development of the state. Pan American Energy continues to lead initiatives pointing towards a more sustainable and efficient future.
Inauguration of the Novo Horizonte Wind Complex
Bahia, July 3, 2024 – Pan American Energy (PAE) celebrated on Wednesday, the 3rd, the inauguration of the Novo Horizonte Wind Complex, its first major project in Brazil, which unites 10 distinct wind farms and totals an impressive investment of R$ 3 billion. This complex, located in Bahia, is the largest for Pan American Energy worldwide, covering a vast area of 2,700 hectares and extending across six different municipalities. Equipped with 94 turbines distributed among 10 farms, it has enough capacity to supply up to one million Brazilian households.
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Inauguration Ceremony and Presence of Authorities
The inauguration ceremony featured the esteemed presence of the Minister of Mines and Energy, Alexandre Silveira, the Governor of Bahia, Jerônimo Rodrigues, the CEO of the PAE Group, Marcos Bulgheroni, and the general director of PAE Brazil, Alejandro Catalano, in addition to over 100 guests. In his speech, Marcos Bulgheroni emphasized that Pan American Energy aims to be a protagonist in the energy transition in the region. He highlighted that the launch of this complex is a decisive step in this direction, reinforcing the company’s commitment to sustainability.
Just as in Brazil, Pan American Energy will continue to expand its natural gas production in Argentina. This fuel is of significant importance both for local economic development and for reducing global greenhouse gas emissions. Bulgheroni stressed that natural gas can play a crucial role in the decarbonization of global economies due to its low emissions.
Transmission System and Sustainability
The transmission system of the Novo Horizonte Wind Complex includes the construction of a new substation for electricity, spanning 80 kilometers of high-voltage lines. Additionally, an existing substation has been expanded, integrating the complex into the National Interconnected System. This joint effort will enable the Novo Horizonte Complex to achieve an annual production of 2 million megawatt-hours, corresponding to an annual reduction of over 500,000 tons of CO2.
Alejandro Catalano, general director of PAE in Brazil, reiterated Pan American Energy’s long-term commitment to Brazil and the communities neighboring the complex. He emphasized that the company intends to continue investing in the country, with several projects under evaluation, including the construction of a solar park near the wind complex, transforming it into a large hybrid park with a total installed capacity of 800 megawatts.
Expansion and Commitments to the Community
Catalano took the opportunity to thank the team of collaborators who worked on the project, emphasizing that the work was completed on schedule, with a focus on safety and environmental responsibility. During the 20 months of construction, Pan American Energy created over 3,200 jobs, prioritizing local labor. Furthermore, it implemented 30 socio-environmental programs that directly benefit over 4,700 people in 52 communities near the complex.
Of the R$ 3 billion invested in the venture, R$ 1.2 billion was financed through loans from BNDES and the Banco do Nordeste, while R$ 1.8 billion came from Pan American Energy’s own resources. These investments in renewable energy are part of PAE’s long-term vision to actively participate in the energy transition, generating jobs and income for local communities. Pan American Energy provided technical courses for over 200 people, in partnership with SENAI and local municipalities since 2023, through the PAE Capacita program. These courses in professional qualifications include theoretical and practical classes, tailored to community demands, aiming for opportunities in public and private companies and entrepreneurship.
Complexo Eólico Novo Horizonte: Numbers and Impact
– Start of construction: May 2022
– Total investment: R$ 3 billion
– Installed capacity: 423 MW with estimated production of more than 2,000,000 MWh/year
– 94 wind turbines
– New boosting substation and 80 km of line dedicated to the existing 500 kV substation
– 240 km of transmission lines
– More than 3,200 direct and indirect jobs
– 6 municipalities: Novo Horizonte, Boninal, Ibitiara, Piatã, Oliveira dos Brejinhos, and Brotas de Macaúbas
– 52 communities benefited
– More than 4,700 people benefited from socio-environmental programs
About Pan American Energy (PAE)
With over 70 years of experience, Pan American Energy (PAE) is a leader in the energy sector in South America, with operations in six countries: Argentina, Brazil, Mexico, Bolivia, Uruguay, and Paraguay. The company operates in all phases of energy production – upstream, midstream, and downstream – and in the generation of electricity from both renewable and traditional sources. In South America, PAE produces 250,000 barrels of oil equivalent per day, maintains an average annual investment exceeding $1.5 billion, and employs over 21,000 people directly and indirectly.
In Argentina, Pan American Energy is the largest private producer of hydrocarbons, also operating in the world’s second-largest shale gas reserve, Vaca Muerta. The Campana refinery, one of the most modern in South America, is operated by PAE after an investment of over $1.5 billion. The company has 600 gas stations under the Axion Energy brand and has been involved in the renewable energy market since 2018, with three wind farms in Patagonia, totaling nearly 200 megawatts of installed capacity. Additionally, PAE is involved in lithium production with projects in northwestern Argentina.
Source: Graziella Cardeal
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