Monday, December 3, 2012

Renova Energia and GE Sign $394 Million Contract for 230 Wind Turbines

SAO PAULO--(BUSINESS WIRE)--GE (NYSE: GE) and Renova Energia, a wind developer leader Brazil with 1 gigawatt installed, have signed a contract worth $394 million for 230 GE 1.68-82.5 wind turbines. All 230 turbines have a 10-year operating contract, which will be managed from GE's services center. The purchase is part of Renova's expansion plans that began in November 2011 with the construction of the Alto Sert√£o II Wind Farm, comprising 15 parks with a total installed capacity of 386 megawatts,

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