GE will sell 1.8 billion reais (US $895.3 million) of turbines to Bioenergy Geradora de Energia Ltda. From Brazil.
GE will deliver 207 turbines to 13 of Bioenergy’s projects in the northeastern state of Maranhao and will supply another 170 turbines for future projects. GE will invest in a domestic supply chain to be eligible for a new local-content requirement of national development lender Banco Nacional de Desenvolvimento Economico e Social. Bioenergy agreed to sell energy from wind farms in a government-organized auction in December at 87.77 reais a megawatt-hour.
