Since the company was founded in 2007 by textile and construction group Valença, it has been preparing the terrain, gaining know-how in project planning, investing in real estate and making cash selling its share of projects — typically taking minority stakes of about 15% in joint ventures with companies such as Global, Chesf and Queiroz Galvão.
Casa dos Ventos struck out on its own last year, winning 600MW of contracts at auction.
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