Announced

TotalEnergies and Casa dos Ventos to form a $580m joint venture.

Synopsis

TotalEnergies, a multi-energy company, and Casa dos Ventos, a renewable energy developer, to form a $580m joint venture to jointly develop, build and operate the renewable portfolio of Casa Dos Ventos. “The partnership between Casa dos Ventos and TotalEnergies was structured to maximize the complementarities and synergies between the companies. In addition to its financial strength, TotalEnergies’ global footprint will contribute to the expansion of our client portfolio and enhance our knowledge in new fields of the energy transition. We are confident that this partnership positions us in a strategic role to lead the sustainable energy agenda in Brazil,” Mario Araripe, Casa dos Ventos Founder and President.

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