ContourGlobal Projects Make It Peru’s Biggest Wind Power Owner

Sept. 25 (Bloomberg) — ContourGlobal LLC, the company led
by a former AES Corp. executive, became the largest generator of
wind power in Peru as two of its projects began operating last
month.

With a combined installed capacity of 114 megawatts, the
Cupisnique and the Talara projects are the largest South
American wind farms outside of Brazil, New York-based
ContourGlobal said in a statement yesterday.

The projects cost a total of $250 million and sell their
power under 20-year agreements. The 62 turbines along the
Pacific Coast were supplied by Vestas Wind Systems A/S.

Joseph C. Brandt, chief executive officer of ContourGlobal,
is a former chief operating officer for AES.

To contact the reporter on this story:
Vanessa Dezem in Sao Paulo at
vdezem@bloomberg.net

To contact the editors responsible for this story:
Reed Landberg at
landberg@bloomberg.net
Tina Davis, Will Wade

About BloombergNEF

BloombergNEF (BNEF), Bloomberg’s primary research service, covers clean energy, advanced transport, digital industry, innovative materials and commodities. We help corporate strategy, finance and policy professionals navigate change and generate opportunities.

Available online, on mobile and on the Terminal, BNEF is powered by Bloomberg’s global network of 19,000 employees in 176 locations, reporting 5,000 news stories a day.
 
Sign up for our free weekly newsletter →

Want to learn how we help our clients put it all together? Contact us