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BRIEF-Edf Energies Nouvelles buying Brazil's Pirapora II solar project

Published 2017-06-19, 03:09 a/m
© Reuters.  BRIEF-Edf Energies Nouvelles buying Brazil's Pirapora II solar project
EDF
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June 19 (Reuters) - EDF Energies Nouvelles EDF.PA :

* EDF Energies Nouvelles is announcing the acquisition of Pirapora II, a 115 MWp photovoltaic project

* EDF Energies Nouvelles has acquired an 80% interest in the Pirapora II photovoltaic project from Canadian Solar Inc., which is retaining a 20% stake and manufacturing the photovoltaic panels at its local plant

* The 115 MWp Pirapora II project holds a 20-year Power Purchase Agreement (PPA), and is due to be commissioned in the first half of 2018

* The project is located in the south-east region of the country, close to Pirapora I (191 MWp), another PV solar project currently under construction, which is also owned by EDF Energies Nouvelles together with Canadian Solar Inc

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