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The Brazilian Wind Energy Company, AES Tietê Energia Announced on Thursday Night That It Has Completed the Formation of a Joint Venture (JV) with Unipar Carbocloro to Develop a 155 MW Wind Project
The partners expect the wind farm to begin generating wind energy in the second half of 2022. AES Tietê mentioned that the project is part of the Tucano wind complex of 583 MW, located in Bahia.
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On the same day that the parent company AES Brasil announced the sale of UTE Uruguaiana, AES Tietê Energia concluded the formation of a joint venture with shared control with Unipar Carbocloro, as announced in a Relevant Fact in November 2019.
It Will Be Necessary to Invest Around R$ 4 Million per MW for the Construction of the Wind Power Plant, the Company Pointed Out Earlier
With a capacity equivalent to 78 average megawatts (MWa), the new wind farm already has a 20-year power purchase agreement (PPA) established between the JV and Unipar for 60 MWa. This agreement is expected to take effect in 2023, according to the initial announcement made on November 11, 2019.
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At the end of last year, the parties closed an Investment Agreement for the formation of the partnership aimed at energy generation through wind sources.
Finally, the project subject to this association has a total installed capacity of 155 MW, equivalent to 78 average MW of assured wind energy, with 60 average MW already marketed through a 20-year contract established between the JV and Unipar; it is expected to be a successful partnership with positive results.
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