On the contrary, small local developers are growing and will likely shrug at the arrival of EDF Energies Nouvelles, the latest big foreign company to set foot in Brazil’s crowded wind power market.

In an unexpected move, EDF EN announced the majority acquisition of an 800MW wind power portfolio from German developer Sowitec for an undisclosed amount. Only 72MW of the total has long term PPAs and the rest is in the development stage.

Although