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Omega Energia signs a BRL 500 million contract to acquire Eletrobras wind farm

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Omega Energia signs a BRL 500 million contract to acquire Eletrobras wind farm
Wind complex dp Chuí/Image: Disclosure

Omega Energia expands its portfolio of operations in the wind energy market and purchases a wind farm in Rio Grande do Sul from Eletrobras

The renewable energy sector in Brazil does not stop expanding! The company Omega Energia announced yesterday (30/07) that it signed a contract with Eletrobras to acquire all of the state-owned company's stake in the Chuí Complex, which includes five wind farms in Rio Grande do Sul. The investment is estimated at R$ 500 million.

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With this acquisition, the wind power company is expanding its operations beyond the Northeast and Southeast and also establishing a presence in the South of Brazil, and increasing its wind power generation portfolio in the country.

Eletrobras' board of directors has already approved the sale of the wind farm. With this investment, Omega should reach the mark of 1.777,7 MW fully renewable, equivalent to almost seven times the installed capacity that the company had in 2017.

In addition to buying Eletrobras' stake, Omega Energia will also assume the project's debts, totaling R$ 1 billion.

To finance the transaction, Omega plans to make a follow-on of R$500 million in a 100% primary offering coordinated by Itaú BBA.

The Chuí Complex comprises five wind farms

The Chuí Complex includes five wind farms: Santa Vitória do Palmar, Hermenegildo I, II and III and Chuí IX and was founded in 2015, in the south of the state of Rio Grande do Sul.

The development has an installed capacity of 207 MW, with 69 state-of-the-art wind turbines, spread over several wind farms. O Complex The wind farm has an area of ​​10.424 hectares of leased areas and has 3 substations.

About Omega Energia Eolica

Omega Energia is a Brazilian company that invests in 100% clean and renewable energy, with the premise of creating tangible value for all its stakeholders. Since its founding in 2008, the company has been seeking synergy between the purpose of society and the company. Between progress and sustainability.

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