Renewable energy on the rise
ENERGIA LIMPIA XXI. Neoenergia Renovaveis is making steady progress in Brazil, now acquiring 400Mw of wind power from PEC Energía in the South American country.
Neoenergia is a publicly owned company with shares (NEOE3) that are traded on the Sao Paulo Stock Exchange. Part of the Spanish group Iberdrola, the company has been operating in Brazil since 1997, and is currently one of the leaders in the country’s electricity sector. A report carried by Energía Limpia XXI highlights that Neoenergia has 4.1 GW in generation, of which 90% is from renewable energy, and is implementing another 1 GW with the construction of new wind farms. It has 679 km of transmission lines in operation and 4,862 km under construction.
Present in 18 states, its businesses are divided into the areas of generation, transmission, distribution and marketing. Its distributors, Coelba (BA), Celpe (PE), Cosern (RN) and…
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