#Brazil 3a2j2a

The Iberdrola group plans to install in Brazil, through its subsidiary Neoenergia, the company's first floating photovoltaic plant in the world. The project will be built on the water surface of the Xaréu dam on the island of Fernando de...

Iberdrola, through its Brazilian subsidiary Neoenergia*, has built the Chafariz wind farm complex in northeast Brazil, one of the company's largest wind power generation projects in the country and in Latin America. The new complex consists of 15 wind farms with a total installed power of more than 471.25 megawatts (MW), the new development was fully operation from January in 2022.

Iberdrola Group has built the Oitis onshore wind farm complex in Brazil. Consisting of 12 wind farms, the new development has a total installed capacity of 566.5 MW, which makes it the largest onshore wind farm project in Latin America and the second largest in the world.

Iberdrola group, through its subsidiary Neoenergia*, has built the Baixo Iguaçu power station in Brazil. The facility, which was commissioned on December 2018, has an installed capacity of over 245 MW and supplies renewable energy to one million people.

The new electric power line between the states of São Paulo and Minas Gerais, with a length of more than 1,700 kilometres, is Iberdrola's largest grid project in the world.

Iberdrola, through its Brazilian subsidiary Neoenergia , has obtained from the World Bank to boost its growth strategy, thanks to a green loan of 550 million reais (around 100 million euros). The company will use it to continue its...