STOA signs its first investment in Latin America

STOA is thrilled to announce the signing of its first investment in Latin America, which consists in the acquisition of 33% of the Ventos Serra do Mel III (VSM 3) 152 MW wind power plant located in the State of Rio Grande do Norte, in Brazil. This equity investment, which is the outcome of a successful collaboration with French developer Voltalia, confirms STOA’s long-term commitment to renewable energy projects in emerging countries. The VSM3 wind power plant, currently under construction, is expected be operational by Q2 2021