GE in $394m Brazilian deal for 230 wind turbines

GE (NYSE: GE) has won a $394m deal to provide 230 turbines to Brazilian wind farm developer Renova Energia.

Renova Energia will deploy the GE’s 1.68-82.5 wind turbines at its Alto Sertão II Wind Farm, which it started building in November 2011.

Alto Sertão II comprises 15 parks with a total installed capacity of 386 MW and will serve the cities of Caetité, Guanambim and Igaporã, in the southeast of Bahia state.

Renova Energia’s legal and purchasing director, Luiz Freitas, said: “Scale and efficiency are increasingly important factors in the wind power segment and they have created a new scenario, which is more complex and which requires internationally recognized partners such as GE.”

“This contract is the result of the value generated by a joint Renova and GE team in the pursuit of state-of-the-art wind power technology in Bahia.”

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