The newly-created CPFL Energias Renováveis will combine CPFL's existing renewable energy interests with Ersa's following a joint venture agreement between the two.
CPFL Energias Renováveis will inherit a portfolio with a shade over 1GW of wind, small hydro and biomass capacity either operating or under construction.
A further 3.34GW of capacity, mainly made up of wind or biomass, is in the development pipeline, says CPFL, Brazil’s biggest non state-owned utility.
