(Jan. 1) Enel Green Power has completed and connected to the grid “Fontes dos Ventos”, its first wind farm in the state of Pernambuco in the north-east of Brazil. The wind farm is owned by Parque Eolico Fontes dos Ventos Ltda, a subsidiary of Enel Brasil Participações Ltda. It consists of 34 turbines, for a total installed capacity of 80 MW, able to generate about 320 million kWh a year. Construction of the plant, which is in line with the growth targets set out in Enel Green Power’s 2014-2018 business plan, required an overall investment of some 130 million euros, partly covered by financing from IFC (International Finance Corporation), a World Bank Group member, related to the construction of wind farms in the north-east of Brazil. Fontes dos Ventos will supply energy to both the free and regulated market under a long-term power purchase agreement (PPA) awarded to the company following the 2011 “Brazilian New Energy” public tender.
