Mining group Anglo American’s Brazilian arm and Casa dos Ventos, a leading wind energy developer in Brazil, have agreed to form a joint venture to develop the Rio do Vento Wind Farm in the state of Rio Grande do Norte.
The companies will invest R $ 2.4 billion in a Special Purpose Entity to construct eight wind farms in the Rio do Vento cluster with a combined installed capacity of 504 MW. Construction of the wind farms will be completed in the second half of 2021. The project will use the latest generation wind turbines from Danish company Vestas.
Of the eight wind farms, three will produce 95 MW of energy for consumption by the Anglo American Group’s Brazilian arm, making it the Group’s first unit generating its own energy. The joint venture agreement is valid through 2041 and will supply 30% of the energy consumed by the unit.
According to Anglo American CEO Wilfred Bruijn, the arrangement will cut CO2 emissions by 430,000 tonnes annually. This will contribute to the goal to reduce group CO2 emissions by 30% by 2030 as envisaged in the Anglo American Group’s Sustainable Mining Plan.
Read the Anglo American Press Release HERE. (Needs translation)
Image of wind farm complex of Casa dos Ventos in Caetés: Casa dos Ventos
Below is the URL to the Anglo American homepage:
https://www.angloamerican.com/