Ocean Winds has formalised a partnership to develop offshore wind projects in Brazil with Eletrobras by signing a memorandum of understanding (MoU).
The signing of this partnership represents Ocean Winds’, a JV between EDPR and Engie, and Eletrobras’ strong commitment to advancing offshore wind projects within the country while aligning with its renewable energy and economic development goals.
This alliance combines Ocean Winds’ experience in offshore wind projects – from origination to operation, with the expertise of Eletrobras, the largest company of the electric sector in Latin America.
Leonardo Soares Walter, M&A and business development director for Eletrobras, said: “Eletrobras aims to allocate its capital appropriately through the development of clean energy projects, contributing to the energy transition in Brazil and around the world.
“Today, 97% of the energy generated by the company already comes from clean and renewable sources, and we will quickly reach 100% through the sale of thermal power plants underway.
“The company has also set itself the goal of becoming Net Zero by 2030, always aiming for a more sustainable future.
“The agreement signed with Ocean Winds allows the development of a strategic cooperation, which will contribute to ensuring that the generating sources in Brazil and the world become increasingly cleaner and renewed, guaranteeing the decarbonisation of the economy with energy security.”
Rafael Munilla, chief business development officer at Ocean Winds, said: “Ocean Winds is pleased to announce our partnership with Eletrobras, combining our offshore wind expertise with Eletrobras’ extensive energy legacy in Brazil.
“We look forward to building a long-term relationship with Eletrobras to assist Brazil in tapping into its natural wind resources for a sustainable energy future, while also promoting local job creation and community development.”