Enel Acquires 1-GW of Wind Rights

Brazilian subsidiaries of Italy’s Enel and SoWiTec have signed a cooperation agreement to develop eight wind power projects in the northeastern area of the country with 1 gigawatt (GW) of combined capacity.

Enel Latin America LLC and Enel Brasil Participações Ltda. have signed a project development agreement with SoWiTec do Brasil Energias Alternativas Ltda., an affiliate of the German developer SoWiTec international GmbH, to develop the wind power projects.

Through this agreement Enel has the exclusivity rights to all eight power projects, each of which isl at an early stage of development, and will be entitled to acquire the projects once they are completely developed by SoWiTec. The projects have a preliminary capacity ranging between 56 and 200 megawatts (MW) and are located in the states of Cearà, Bahia, Rio Grande do Norte and Sergipe.

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