In September 2020, STOA acquired a 33% stake in the 152 MW Ventos Serra do Mel III (VSM 3) wind power plant located in the state of Rio Grande do Norte and developed by Voltalia, an international player in renewable energy. This transaction is the result of very positive discussions initiated in June 2019 with STOA and is a further confirmation of the attractiveness of Voltalia’s assets within the Serra Branca wind and solar complex, the largest in the world.
What’s at stake
This new wind power plant, construction of which began in March 2020, benefits from a 20-year electricity sales contract with CEMIG, a Brazilian state-owned electricity company. It will be equipped with 3.5 MW Siemens Gamesa turbines. Dois A will provide the civil engineering services and SETA and WEG will supply the plant’s equipment excluding the turbines. The first turbines are expected to be completed in Q4 2020 before full commissioning in Q2 2021. The anticipated benefits for the climate are significant: approximately 90,000 equivalent tons of CO2 avoided per year.
- An annual production of around 800 GWh, equivalent to the annual consumption of 305,344 inhabitants
- More than 25 years of electricity production
- 33% equity investment
- 152 MW
- 90,000 teq CO2 avoided 
Impact results measured in 2020
- 2 360 direct and indirect jobs supported
 Emissions calculated on the basis of AFD’s carbon balance method, based on total installed capacity and projected estimates over the life of the project
“We are very pleased to welcome STOA, a leading French investment fund, among our long-term partners. This partnership illustrates our strategy to develop a large volume of competitive projects that will also benefit third party investors through long-term partnerships or divestments.”
Sébastien Clerc, Managing Director of Voltalia.