Northeast Will Receive New Million-Dollar Investment in Wind Energy From Renewable Energy Trader 2W

Written by Valdemar Medeiros

Published on 01/05/2021 at 12:54

Parques de energia eólica – Fonte: Tecmundo

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2W Energia Is Advancing Its Plan to Expand Its Operations in the Renewable Energy Generation Sector by Affirming the Financing of Its First Wind Power Parks in the Northeast.

2W Energia will invest approximately R$ 950 million in the Northeast, building two wind power parks: one in Ceará and another in Rio Grande do Norte, further boosting the Brazilian renewable energy sector.

The Million-Dollar Investment by 2W in the Brazilian Northeast

The strategy for investing in wind energy in the Northeast is due to strong growth in the free energy market, where customers with high demand can negotiate prices and supplies with trading companies.

The company expects that in about 2 months, mobilization for the construction of the first wind power park in the Northeast, which will be in Anemus, Rio Grande do Norte, with 139 megawatts, will begin. Completion is expected by September 2022.

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The other investment will be the wind power plant located in Kairós, Ceará, with 42 megawatts, starting construction from the end of the second semester, around December. The renewable energy company secured a mezzanine loan of US$ 45 million from Darby International Capital. US$ 35 million will be used for the Anemus wind power project.

The remaining loan amount is expected to be used for the Kairós project. The company hopes to secure resources from the Banco do Nordeste for the works, which will total an investment of R$ 950 million.

Authorities from 2W Comment on the New Investment in Renewable Energy in Brazil

According to Guilherme Moya, Vice President of Commercial and Marketing at 2W, the company has been advancing in the commercialization of future production from Anemus in the Northeast, focusing on small and medium-sized companies considered retail clients.

He states that if the current pace continues, the renewable energy company will sell all the energy from the wind power park in retail before commercial operation. The investment strategy is to have 100% of the energy for the next three years from the park in the Northeast sold under contracts of at least 5 years.

The CEO of the company, Claudio Ribeiro, hopes to conclude the deal in 60 days after determining how payment will be handled. The company’s main idea is to engage in some structured operation, share exchange, or something similar. According to Ribeiro, the company intends to increasingly approach technology in a broad sense.

About 2W Energia

With over 100 commercial representatives not only in Brazil, 2W Energia aims to change the consumer experience with energy. Its operations allow customers access to renewable energy at competitive prices.

As previously mentioned, the company invests in its own renewable energy generation, primarily focusing on wind and solar energy.

Northeast Will Receive New Million-Dollar Investment in Wind Energy From Renewable Energy Trader 2W

2W Energia Is Advancing Its Plan to Expand Its Operations in the Renewable Energy Generation Sector by Affirming the Financing of Its First Wind Power Parks in the Northeast.

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The Million-Dollar Investment by 2W in the Brazilian Northeast

Major Oil, Gas, and Energy Event Will Take Place in Brazil: Macaé Energy Will Gather Petrobras, Equinor, Prio, Among Other Suppliers and Energy Executives for Business, Networking, and Employment Opportunities

Authorities from 2W Comment on the New Investment in Renewable Energy in Brazil

About 2W Energia

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Northeast Will Receive New Million-Dollar Investment in Wind Energy From Renewable Energy Trader 2W

2W Energia Is Advancing Its Plan to Expand Its Operations in the Renewable Energy Generation Sector by Affirming the Financing of Its First Wind Power Parks in the Northeast.

See Also

The Million-Dollar Investment by 2W in the Brazilian Northeast

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Authorities from 2W Comment on the New Investment in Renewable Energy in Brazil

About 2W Energia

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At over 8,800 meters above sea level, the summit of Mount Everest is made up of rocks that originated at the bottom of an ocean about 500 million years ago and were pushed to the highest point on Earth by the collision of tectonic plates.

Spain surprises the world by erecting 62 artificial dunes, mixing sand with natural remains of posidonia, and causing the structure to lose only 1.4% of its volume in 1 year.

China has deployed more than 1,400 fishing boats in formation, creating a barrier of 320 kilometers at sea, and the whole world wants to know if this is fishing, a military exercise, or a message of war.

The Sol do Agreste Photovoltaic Complex begins operations in Pernambuco and accelerates the expansion of solar energy in Brazil, directly impacting the reduction of emissions and strengthening the sustainable energy matrix.

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