Spain’s Gamesa is to install 129 wind turbines in Brazil after signing an agreement with major power utility, Eletrobras, which has a current market share of over 36 per cent in power generation in the country.

According to the company, the value of the deal is around $439m, and it will also provide operation and maintenance services for the wind turbines for a period of 20 years.

Gamesa said in a press release it had signed a contract to deliver turbines, each with a capacity of 2 MW and representing a combined capacity of 258 MW for a total of ten wind farms for Santa Vitoria do Palmar Holding.

The wind farms will be located in the state of Rio Grande do Sul in the south of the country.

Santa Vitoria do Palmar Holding is jointly-owned by Rio Bravo Energía I, an investment fund, and Eletrosul, a subsidiary of Electrobras.

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