Gestamp Wind continues its growth in Brazil, reaching 464 MW of Wind Power
Gestamp Wind has won a new energy sale for 20 years for a wind farm in Brazil.
The project is located in Rio Grande Do Norte and it will represent an investment of approximately 45 million Euro and an expected anual revenue of 5,6 million euro for these 20 years.
With this contract Gestamp Wind has achieved 464 MW in Brazil, 112 MW of which are operational, 128 MW are under construction this year, and the rest will be built during the 2015-2018 period.
Brazil has positioned itself as one of the largest emerging markets in wind energy. That is why Gestamp Wind continues with its commitment to Brazil with the development of new projects and its participation in the next energy auctions.