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Acciona to Open Wind-Turbine Hub Factory in Brazil on Monday

Acciona SA (ANA), a Spanish renewable- energy company, will open a turbine-hub assembly plant near Brazil’s northeastern city of Salvador on March 11 as it seeks to comply with the country’s local-content requirements for wind-power equipment.

The facility will initially be able to produce 135 hubs for wind turbines a year, Leslie Beatriz Crawford, a spokeswoman for the Alcobendas, Spain-based company said today in an e-mail. Acciona will source blades from a factory in Fortaleza, Brazil.

Banco Nacional de Desenvolvimento Economico e Social, Brazil’s development bank, stopped offering loans last year to developers buying turbines from Acciona and four other turbine makers that it said weren’t using enough domestically produced components.

“We are confident we will be able to comply with BNDES local-content rules,” Crawford said. “Acciona is committed to the Brazilian market.”

To contact the reporter on this story: Stephan Nielsen in Sao Paulo at snielsen8@bloomberg.net

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

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