en.Wedoany.com Reported - Brazilian renewable energy company Casa dos Ventos has recently acquired grid access rights from France's Voltalia at the Pecém Industrial and Port Complex in Ceará state, intended for green hydrogen production and data center projects. The two companies have submitted a transaction notification to Brazil's Administrative Council for Economic Defense (Cade) and are currently awaiting antitrust approval.
The grid access capacity involved in this acquisition is 650 megawatts (MW). According to documents filed by Casa dos Ventos with Cade, this grid access transaction aims to "create electricity demand and expand the scale of its renewable energy generation projects in Brazil". Upon completion of the acquisition, Casa dos Ventos' cumulative grid access capacity in the Pecém region for data center projects will reach 2,100 MW. Furthermore, the company also holds over 600 MW of grid access rights in the area specifically designated for green hydrogen projects.
Voltalia stated in its filing with the antitrust authority that selling the grid access rights represents "an opportunity to raise funds". The French renewable energy company has faced financial pressure in the Brazilian market in recent years due to generation curtailments, having previously indicated that new investments in Brazil would depend on "greater regulatory predictability".
The Pecém complex has become a hotspot for attracting digital infrastructure investment in Brazil in recent years. Casa dos Ventos has previously participated in TikTok's data center project in Pecém, led by Omnia Data Centers, with a total investment of approximately US$2 billion, expected to be operational by 2027. The newly acquired grid access rights will further support the company's expansion plans in the green hydrogen and data center sectors.
The transaction is currently under review by Cade, and the specific transaction amount has not been publicly disclosed. According to reports from Brazilian energy industry media, the related grid access project is expected to become operational only after 2031.
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