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Copel Gets Approval to Buy Brazil Wind Farm Stake From Voltalia

Brazil’s Cia. Paranaense de Energia, known as Copel, received approval from the country’s antitrust regulator to acquire a 49 percent stake in a wind farm from Voltalia SA.

The permit was announced today in the government’s official gazette. The 120-megawatt Sao Miguel do Gostoso project in Rio Grande do Norte state is expected to go into operation in April, and has a 20-year deal to sell electricity to local energy distributors.

It will use turbines from Spain’s Acciona SA.

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