June 26, 2020 |
South African mining company Anglo American said Thursday that it signed a 20-year power purchase agreement (PPA) with local renewable energy developer Casa dos Ventos to build a BRL2.4 billion ($448 million) wind farm capable of providing 30% of the miner's energy needs in Brazil.
Ango American will receive energy produced by three of the eight wind farms under construction by Casa dos Ventos at the 504MW complex in the state of Rio Grande do Norte. The company now has an option to acquire an e
South African miner signs a long-term supply contract and earns the option to buy a stake in the $448 mln project