Equinor Acquires 230 MW Esquina do Vento Ready-to-Build Onshore Wind Complex in Rio Grande do Norte, Brazil from Vestas
Equinor has acquired the 230 MW Esquina do Vento ready-to-build onshore wind complex in Rio Grande do Norte, Brazil from Vestas, through its subsidiary Rio Energy. The 51-turbine project is expected to generate approximately 1 TWh annually and deliver double-digit returns. The acquisition expands Equinor's integrated power portfolio in Brazil alongside its existing 363 MW Serra da Babilônia hybrid complex in Bahia.
Transaction date: · Source: equinor.com
Key facts
- Transaction date
- Technology
- Onshore Wind
- Capacity
- 230 MW
- Transaction price
- Not disclosed
- Buyer
- Equinor, Rio Energy
- Seller
- Vestas
- Country
- Brazil
- Region
- Rio Grande do Norte
- Continent
- South America
- Development status
- Ready-to-Build
- PPA
- n.a.
Technology details
51 Vestas wind turbines with a total installed capacity of 230 MW. Expected annual generation of approximately 1 TWh. Project will be developed and operated by Rio Energy, Equinor's wholly owned subsidiary for onshore renewables in Brazil. Power will be traded in the local market by Danske Commodities, Equinor's energy trading house.
Additional information
Acquisition expected to deliver double-digit project returns. Adds to Equinor's existing onshore renewables portfolio in Brazil, which includes the 363 MW Serra da Babilônia hybrid wind/solar complex in Bahia, developed through Rio Energy. Investment aligned with Equinor's integrated power strategy combining wind, solar and energy trading across assets.
Source
Original announcement: https://www.equinor.com/news/20260323-strengthens-integrated-power-portfolio-brazil