BRAZIL
VSM3
The project
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.
Results in 2021
- 893 direct jobs supported at the end of 2021
“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.
Expected results
152
MW BY 2023
33
% OF EQUITY INVESTMENT
800
GWh OF ANNUAL PRODUCTION, CORRESPONDING TO THE ANNUAL CONSUMPTION OF 305,344 INHABITANTS
25
YEARS OF ELECTRICITY PRODUCTION
394000
TEQ CO2 AVOIDED/YEAR [1]
3900
DIRECT, INDIRECT AND INDUCED JOBS SUPPORTED OVER THE LIFESPAN OF THE PROJECTS [2]
[1] Emissions calculated using the AFD’s carbon balance method, based on total installed capacity and projected estimates over the life of the project.
[2] Modeled impact (see our Impact Report on p. 25). View our disclosure statement : Signatories & Reporting | Operating Principles for Impact Management (impactprinciples.org)
PORTFOLIO
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Dernière mise à jour/Last update : 23/08/31