Pacific Hydro Brazil
Brazil is Latin America’s largest country by area and has a population of over 200 million. The Brazilian economy is the seventh largest in the world in GDP terms.
Brazil is the largest electricity market in South America with strong electricity demand growth and highly supportive government incentives for renewables (excluding hydro), including long-term government offtake contracts and development bank financing.
Since entering the market in 2006 with the purchase of SES, Pacific Hydro has moved quickly to build a wind power business in Brazil and establish a presence on the wind-rich northeast coast.
Pacific Hydro was a pioneer in building wind farms under the Federal Government’s Proinfa scheme (Program of Incentives for Alternative Electricity Sources). In 2007, we delivered our first project in the country, the 10 MW Millennium Wind Farm, followed by the 48 MW Vale dos Ventos Wind Farm in 2009.
Today, our operations are managed from our office in Natal, in the northeast of Brazil, and from our corporate office in Sao Paulo, which serves as an important base from which to identify and assess further clean energy opportunities in the country.