Climate Changed

This Spanish Firm Is Negotiating Big Wind Power Deals in Brazil

  • Negotiating with Enel, Voltalia, EDP for Brazil Power Projects
  • December auctions led to 1,450 megawatts of wind contracts

Photographer: Kimberly White/Bloomberg

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Siemens Gamesa Renewable Energy SA is in final negotiations to supply about 700 megawatts of wind turbines for power plants in Brazil, according to people familiar with the talks.

The deals are to supply equipment for projects that Voltalia SA, EDP Renovaveis SA, Enel Green Power SpA, and Neoenergia SA are developing in northeast Brazil, according to the people, who asked not to be identified because the negotiations aren’t public. The orders are all for wind farms that won government-organized power auctions in December.