Brazil Tees Up Key Wind Auction

Brazil Tees Up Key Wind Auction

Brazil

Brazil’s energy regulator ANEEL will Monday hold an auction for an estimated 1.0GW-1.5GW in wind power generation capacity. The process is seen by local executives as critical to the future of the wind sector in Brazil. ANEEL has set a maximum bid level of BRL189.00 per MW. If 1.0GW gets auctioned, the resulting capex needs to execute the projects could total around BRL5bn, according to analysts, who base their estimates on a investment cost per MW of BRL5m. Among parties heard preparing bids ar

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