Acciona Energía has signed an agreement with Casa dos Ventos for the purchase of two projects under development in the state of Bahia, Brazil.
The maximum combined capacity of the two projects amounts to 850MW. The transaction is subject to the fulfillment of certain conditions and the mandatory approval required from competition authorities. The Sento Se I and II wind farms are currently in the process of obtaining all the necessary permits and authorizations prior to their execution. Once these are obtained, Acciona Energía can proceed to approve the investment and begin construction next year. The development of both wind farms would involve an investment of €800 million.