Equinor and Rio Energy acquire 230 MW Esquina do Vento Wind Project from Vestas in Brazil

Equinor, through its subsidiary Rio Energy, has acquired the 230 MW Esquina do Vento wind project in Rio Grande do Norte, Brazil, from Vestas. The deal includes a turbine supply agreement with Vestas for 51 V163-4.5 MW turbines, with installation expected to begin in March 2027 and completion by end of 2027. Vestas will also provide 30 years of operation and maintenance services under an AOM 5000 agreement. This marks the first collaboration between Equinor/Rio Energy and Vestas in Brazil and underscores Vestas' role as a full-cycle partner in the country's energy transition. The project is expected to power approximately 520,000 homes and contribute to Brazil's clean energy matrix and energy security.

Counterparts (5)

Buyer

Equinor

company

Equinor is an international energy company with a focus on oil, gas, wind and solar power. They are actively investing in renewable energy projects and aim to be a leader in the energy transition.

R

Rio Energy

company

London-based diversified metals and mining multinational operating in 35 countries with 61,000 employees. A global leader in iron ore, copper, aluminum, and lithium production, supplying critical materials for steelmaking, electrification, and decarbonization across six continents.

Seller

Vestas

company · 5 deals

Vestas is a global leader in sustainable energy solutions, focused on designing, installing, and maintaining wind energy projects worldwide. The company is committed to driving the transition to renewable energy, with wind power at its core.

supplier

V

Vestas Energy Solutions

company

Developer

Vestas Development

company

Danish wind turbine manufacturer and renewable energy developer with 200 GW of installed capacity across 88 countries. Designs, manufactures, and services onshore/offshore wind turbines while developing and operating wind projects globally.