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January 7, 2022

Rio Grande do Norte_AES Tiete SA Wind farm II, Brazil

By Carmen

Rio Grande do Norte_AES Tiete SA Wind farm II is a 165MW onshore wind power project. It is planned in Rio Grande do Norte, Brazil. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2023.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Onshore 165 165 Permitting Rio Grande do Norte, Brazil AES Tiete

Description

The project is being developed and currently owned by AES Tiete.

The project cost is expected to be around $253.11m.

Development Status

Post completion of the construction, the project is expected to get commissioned in 2023.

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Power Purchase Agreement

The power generated from the project will be sold to Companhia de Ferro Ligas da Bahia under a power purchase agreement for a period of 20 years from 2024. The offtake capacity is expected to be 80MW.

About AES Tiete

AES Tiete SA (AES) carries out the generation, transmission and distribution of electric energy. The company has hydroelectric power plants located in the central and northwestern regions of Sao Paulo State. AES operates various power plants including Mogi-Guacu, Ibitinga, Bariri, Caconde, Barra Bonita, Limoeiro, Nova Avanhandava, Agua Vermelha, Euclides da Cunha, Promissao and Sao Joaquim. In addition, the company also operates two solar complexes and one wind complex. AES is headquartered in Sao Paulo City, Sao Paulo, Brazil.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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