Econergy invests in US$16.8M of Brazilian hydro

6 September 2006


The clean energy developer and its affiliates will own at least 85% of the Areia Branca project, which has a planned 19.8MW capacity, under a purchase agreement of 20 years with Eletrobras, Brazil's government-owned electric company.

Econergy will also own at least 45% of the 20MW Pipoca project. Both plants are in Brazil's state of Minas Gerais.




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