Acciona Wins Order for 153 Megawatts of Wind Turbines in Brazil

Jun 20, 2014 7:16 am ET

June 20 (Bloomberg) -- Acciona SA said it won an order for 153 megawatts of wind turbines from Atlantic Energias Renovaveis SA in Brazil.

Acciona will supply 51 AW 125/3000 turbines to the the Santa Vitoria do Palmar wind farm in Brazil’s Rio Grande do Sul state, the Alcobendas, Spain-based manufacturer said today in a statement. The deal includes a 15-year operation and maintenance contract. It didn’t give a timeline for the project.

Acciona, which a year ago had no turbines operating in Brazil, has now won six orders there totaling 660 megawatts. The company is building a nacelle factory to be completed by the fourth quarter, enabling it to meet local-content requirements that give it access to state-backed debt from the country’s development bank, BNDES.

BNDES in 2012 halted loans for developers buying equipment from turbine makers that didn’t get at least 40 percent of their components from local suppliers. It tightened the rules in January and July 2013.

At least 70 percent of the steel plates and all the cement used in towers must come from within Brazil. Suppliers will need to start assembling nacelles, the bus-sized assemblies that house the main machinery, locally by 2015. At least one of the four main components of the hub -- the part of the machine to which blades are attached -- must be obtained locally.