Corio Generation has revealed plans for five offshore wind farms in Brazil totalling more than 5GW.
The fixed-bottom projects, which are at early-stage development, are the 1.2GW each Costa Nordeste, Cassino and Guarita, the 1170MW Rio Grande and 495MW Vitoria.
Guarita, Cassino and Rio Grande are located off the south coast, Costa Nordeste off the north-east and Vitoria off the south-east coast.
Corio, a portfolio company of Macquarie’s Green Investment Group, said it intends to develop the five projects, subject to finalisation of documentation and regulatory approvals, alongside leading Brazilian power generation company Servtec.
The companies have been working together for more than 18 months to analyse opportunities in the Brazilian market.
The joint analysis of the country’s marine areas and environmental and technical considerations led them to select these five sites to take forward into development.
Corio Generation chief executive Jonathan Cole said: “Brazil is blessed with immense wind resources along its coastline, offering a vital new source of clean, affordable and reliable energy.
“We see huge opportunity for harnessing Brazil’s ocean wind energy, bringing economic investment and green jobs to the country.”
“This is an historic day for Corio, marking our company’s entry into the Americas.
“As a specialist developer of offshore wind energy, with strong industrial expertise and deep access to long-term capital, Corio is delighted to partner with Servtec, one of the most respected renewable generation developers in Brazil.”
Servtec Energia managing partner Lauro Fiuza Neto said: “It is an honour for Servtec to join forces with Corio to support offshore wind power in Brazil.
“As a long-standing player in the renewable power industry, we’ve led efforts to build what is now a 22GW onshore wind power market.
“We are excited to again embark on a journey to create a complementary source of clean energy for Brazil towards the low-carbon economy of the future.”