Iberdrola Renovables is allied with Neoenergia tol
Iberdrola Renovables is allied with Neoenergia to develop wind farms in Brazil.
Iberdrola Renovables and Neoenergia, Brazilian energy holding company owned by the Iberdrola group, have signed a memorandum of intent by which they agree to cooperate in joint development and operation of wind farms in Brazil, both terrestrial and marine, the company said.
Specifically, the agreement aims to take the experience of Iberdrola Renovables and the positioning of the main distributor of electricity to the Northeast,, champions online resources, with 8.8 million customers, as well as the financial strength of both companies, to enhance growth in an markets with greater potential wind power in Latin America.
As part of this' memorandum of understanding "(MOU), Iberdrola Renovables and Neoenergia, that arise in the future be a company owned 50%, agree to jointly participate in tenders, cheap aion kinah, to convene the National Electric Energy Agency Brazilian , which include so-called standby power and A-3 2010 2010.
The subsidiary of Iberdrola Renewables now has a wind farm in Brazil, Rio do Fogo, located in the State of Rio Grande do Norte, whose installed capacity is 49 megawatts (MW).
Iberdrola considers Brazil, where it is, mortal gold, present since the late nineties, as one of the key countries of its expansion in Latin America. Thus, the company headed by Ignacio Sanchez Galan has become, through Neoenergia society, the main distributor of electric power of the Northeast of Brazil, with a share of 44% of the regional market at year-end 2009.
Last year, the distributors involved in Iberdrola, Cosern-state of Rio Grande, Celpe-state of Pernambuco and Bahia Coelba-State-provided about 28 300 gigawatt hours (GWh) to almost 8.8 million users. In the area of generation, had in this country at the end of 2009 with a capacity of 1,340 MW maintained, as attributable production exceeded 2,850 billion kWh.
Iberdrola Renovables will be the Spanish energy group company to develop the content of the MOU signed with Neoenergia now in line with the system envisaged in the contract under seal by the subsidiary of renewable energies and the matrix on November 5, 2007.