Enel Building 28-Megawatt Wind Farm in Brazil Serra Azul Complex

(Bloomberg) — Enel Green Power SpA, a unit of Italy’s
largest utility, started building a 28-megawatt wind park in

The Esperanca project will complete Enel’s Serra Azul wind
complex, in the northeastern state of Bahia, the Rome-based
said in a statement on Monday.

Serra Azul will have a total capacity of 118 megawatts,
enough to power 320,000 households, and is planned to start
operating at the end of 2015.

Enel is investing about $220 million in Serra Azul. The
project is being financed by the International Finance
Corporation and Itau Unibanco SA.

The energy generated by the wind complex will be sold
through power supply contracts mainly on the regulated market,
Enel said.

To contact the reporter on this story:
Vanessa Dezem in Sao Paulo at

To contact the editors responsible for this story:
Reed Landberg at
Carlos Caminada, Robin Saponar

About BloombergNEF

BloombergNEF (BNEF) is a strategic research provider covering global commodity markets and the disruptive technologies driving the transition to a low-carbon economy. Our expert coverage assesses pathways for the power, transport, industry, buildings and agriculture sectors to adapt to the energy transition. We help commodity trading, corporate strategy, finance and policy professionals navigate change and generate opportunities.
Sign up for our free monthly newsletter →

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