Omega Energia Closes Acquisition of 50% of Wind Complex in Bahia for R$ 422.9 Million

Written by Roberta Souza

Published on 31/07/2021 at 19:01

Parque eólico/ Fonte: Capitalist

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The Wind Farm Power Purchase Agreement Was Signed With EDF Renewables. The Site Has a Planned Installed Capacity of 181.5 Megawatts

Omega Geração and EDF Renewables announced last Wednesday, August 28, the signing of the acquisition of 50% of the Ventos da Bahia 3 Wind Complex for R$ 422.9 million, of which R$ 196.6 million will be paid in cash and R$ 226.3 million represents net debt assumed by the buyer. See also: Petrobras Signs Contract for Sale of Electric Power Companies in the North and Northeast

The Purchase of the Wind Complex in the State of Bahia

The Ventos da Bahia 3 Wind Complex is located in Mulungu do Morro (BA), with a planned installed capacity of 181.5 MW, enabling the supply of 387 thousand residences over a year and is expected to begin commercial operations in January 2022. Ventos da Bahia 3 is an expansion of the Ventos da Bahia 1 and 2 Wind Complexes, in which Omega and EDF Renewables have been partners since the end of 2020. EDF and Omega also share control of the Pirapora Solar Complex in Minas Gerais.

Omega also adds that the acquisition will further consolidate its presence in the interior of Bahia, where it already owns the Assuruá Complex and the first two phases of Ventos da Bahia. In 2022, the company projects energy production of up to 785 gigawatt-hours (GWh) and a gross profit of R$ 180 million, considering the acquisition.

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Great Capacity in Power Generation

In a statement, Omega Geração’s founder, Antonio Bastos Filho, stated that all countries have access to cutting-edge technology for electricity production through wind complexes and solar plants, but only the Northeast has the best wind in the world in abundance.

Antonio stated, “We urgently need to dedicate efforts to transform the extraordinary opportunity of having the cheapest and cleanest energy in the world into prosperity for millions of Brazilians. With this further acquisition of the wind complex in the state of Bahia, we continue to do our part and reinforce Omega’s historical commitment to the Northeast region and Northeasterners.”

Check Out This News: Construction of Wind Complex in Bahia Plans to Hire 750 Professionals for Project Execution

Statkraft Brasil has begun construction of the Ventos de Santa Eugênia wind complex in Uibaí, in the state of Bahia. By the end of the project, with an inauguration scheduled for 2023, the company will more than double the country’s installed capacity to 967 megawatts. Since the project’s start, more than 200 professionals have been hired. Approximately 750 people are expected to be employed in the construction works throughout the entire construction process. Currently, there are 15 job openings available.

The company’s business strategy in Brazil is to triple its renewable energy production capacity by 2025. With the construction of the project, Statkraft has strengthened its commitment to sustainability and allowed future generations to enjoy the growth and development of the region.

As a result, the company will increase the supply of renewable energy in Brazil with the wind complex project in Bahia, contributing to the reduction of the country’s carbon dioxide emissions and the pace of global warming, as the environmental impact of wind energy is less than that of the traditional matrix.

Omega Energia Closes Acquisition of 50% of Wind Complex in Bahia for R$ 422.9 Million

The Wind Farm Power Purchase Agreement Was Signed With EDF Renewables. The Site Has a Planned Installed Capacity of 181.5 Megawatts

The Purchase of the Wind Complex in the State of Bahia

Great Capacity in Power Generation

Check Out This News: Construction of Wind Complex in Bahia Plans to Hire 750 Professionals for Project Execution

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Omega Energia Closes Acquisition of 50% of Wind Complex in Bahia for R$ 422.9 Million

The Wind Farm Power Purchase Agreement Was Signed With EDF Renewables. The Site Has a Planned Installed Capacity of 181.5 Megawatts

The Purchase of the Wind Complex in the State of Bahia

Great Capacity in Power Generation

Check Out This News: Construction of Wind Complex in Bahia Plans to Hire 750 Professionals for Project Execution

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While the U.S. still faces limitations in deep space, China is developing unprecedented technology with strategic satellites that maintain communication with the far side of the Moon and aims for dominance by 2030.

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