Top stories

Steel giant joins 554MW Brazilian tie-up

Richard Heap
April 18, 2023

Brazilian developer Casa dos Ventos has formed a joint venture with Indian steel giant ArcelorMittal's Brazilian arm to develop a 554MW wind project in Bahia state.

ArcelorMittal announced today that it was entering a joint venture, in which it is set to own 55% and Casa dos Ventos is set to own 45%, to develop the Babilonia project. The wind farm is due to be commissioned in 2025 and is forecast to produce 38% of the electricity that the steel producer needs in Brazil. ArcelorMittal will procure this power via a 20-year power purchase agreement with the joint venture company.

Casa dos Ventos ordered Vestas turbines for the Babilonia project last month.

Read more

Looking to super-charge the delivery of early green hydrogen projects?

We provide a platform for developers to share knowledge, solve complex problems, forge vital connections and gain actionable insights.

Find out more

Got a brief for us?

We don’t pretend that any one client or campaign is the same as the next. Instead, we’ll design a communications programme bespoke to your business and your needs. The right strategy, the right creative and the right team.

Send us a brief

Investment expertise. High-quality events. Exclusive content. Lead generation.

Talk to the Tamarindo team today to find out how membership would benefit your business.

See member benefits

Investment expertise. High-quality events. Exclusive content. Lead generation.

Talk to the Tamarindo team today to find out how membership would benefit your business.

See member benefits

Related content