The project is owned by a joint-venture formed by the private equity fund Rio Bravo (51%) and the state-owned company Eletrosul (49%).

The complex has a total capacity of 258MW and is made up of 10 wind farms, which can deliver power to up 500,000 inhabitants.

Geribatu is slated to become operational by the end of next year using turbines supplied by Spanish manufacturer Gamesa.

BNDES'