By Milton Leal in Sao Paulo
Monday, December 16 2013
In the auction held on Friday CER won six wind farms totalling 166MW of capacity. Those projects will be added to the 68MW already sold by the company in the wind-only reserve tender, held in August.
CER Energia's head, Marcelo Bruzzi, tells Recharge that the A-5's outcome was "excellent", especially because the price realised was higher than the one seen in the August tender.
“The average price for our 234MW complex is at R$119 ($51) per MWh, which I think is an excellent price for us”, says the CEO.
Bruzzi reveals that the plan is to grow by 200MW every year in the next five years. The company will invest more than R$1bn to build the 234MW complex alongside with a 108km transmission line.
“We have a long-term agreement with Gamesa and we see this partnership as very solid for both companies.”
The 68MW will need to become operational by September 2015, while the rest will come online in January 2017, one year ahead the official schedule set by the Brazilian government.
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