February 23 (SeeNews) – Brazil’s Ministry of Mines and Energy approved four wind energy projects with a combined capacity of 95.9 MW to enter the national Incentive Regime for Infrastructure Development (REIDI).
The projects represent a total investment of approximately BRL 453.2 million (USD 114.5m/EUR 104m). More details are available in the table below.
|Project||Capacity||Cost in million||State|
|Sao Miguel I||22 MW each||BRL 96.5||Rio Grande do Norte|
|Sao Miguel II|
|Sao Miguel III|
|Boa Vista da Lagoinha||29.9 MW||BRL 163.7||Bahia|
The projects based at Rio Grande do Norte are owned by Brazilian power utility Copel (BVMF:CPLE6) while the one in Bahia is controlled by Enel Green Power Boa Vista Eolica SA, a subsidiary of Italian company Enel Green Power SpA (BIT:EGPW).
REIDI, launched in 2007, grants tax incentives to companies investing in infrastructure projects within the transport, energy, sanitation and irrigation sectors.