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Investment Spotlight
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Elera Renováveis is one of the largest companies generating electricity from renewable sources in Brazil. Its portfolio includes 44 hydroelectric plants and 19 wind farms. Considering all technologies, it has facilities totaling 1,600 MW located in 12 Brazilian states representing approximately 74% of the country’s population and 82% of the economic activity (in GDP terms).
In 2020, Elera debuted in the photovoltaic sector by acquiring three major solar projects under development that will add another 1,800 MW to its installed capacity. Among these is Janaúba, the largest solar park in Latin America and one of the largest solar developments globally.
With ESG principles intrinsic to its performance in clean energy generation, Elera has projects registered on the I-REC Platform. This global system allows the ability to track attributes of renewable electricity production from its location of generation to its place of consumption. In 2020, the company sold its first clean energy certificate.
Wind Farm in Natal
It is expected that Brazil will require over 6,000 MW of new supply annually to meet growing demand. Elera is well-positioned to continue participating in the large and diversified Brazilian economy through the construction and delivery of its development pipeline and the search for new business opportunities, considering mergers, acquisitions and greenfield projects.