Brazil's CBA acquires stake in wind farms to supply aluminium output

Brazilian aluminium producer Companhia Brasileira de Alumínio (CBA) acquired a 49% stake in two wind power generation assets from a joint venture by sister company Votorantim Energia and the Canada Pension Plan Investment Board (CPP Investments) for 59.56 million Reais ($11.4 million), the company said on Monday August 30.

The two units are a part of the Ventos do Piauí I and II complex, located between Brazil’s northeastern states of Pernambuco and Piauí. The wind farms, Ventos de Santo Anselmo and Ventos de Santo Isidoro, have the installed capacity to generate 171.6 megawatts, and an average 74.4 MW assured energy.

CBA...

Published

Renato Rostás

August 30, 2021

20:40 GMT

São Paulo