Brazil Wind Faces Key Auction Test

Brazil Wind Faces Key Auction Test

Brazil

Brazil will today auction an estimated 1.0GW-1.5GW of wind power generation capacity in a process seen by local executives as critical to the future of the sector. “This represents a new benchmark,” says Cassio Schmitt, head of project finance for Brazil at Santander. “It will be an important test for the government’s strategic decision to support the sector,” he adds. The auction through energy regulator ANEEL is expected to draw bids on scores of proposed projects throughout Brazil. It is the

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