Iberdrola, Neoenergia Start Building 150MW Brazil Wind Farm

Iberdrola SA (IBE), the world’s second- biggest wind-farm operator, said it started building the 150- megawatt Calango project in Brazil’s Rio Grande do Norte state with Brazilian group Neoenergia SA.

The project is divided into five equal-sized wind farms, Bilbao-based Iberdrola said today in an e-mailed statement. Iberdrola and Neoenergia are building 10 projects totaling 288 megawatts in the Latin American nation, it said. Iberdrola has a 39 percent share in Neoenergia.

The Calango project is scheduled to start operating at the end of next year, Iberdrola said. The five 30-megawatt wind farms, along with five other farms the partners are working on, are using Gamesa Corp. Tecnologica SA wind turbines and will provide enough power for 450,000 people, the company said.

To contact the reporter on this story: Alex Morales in London at amorales2@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

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