Equinor's Rio Energy buys 230MW wind project in Brazil [Yahoo! Finance]
Equinor ASA (EQNR)
Last equinor asa earnings: 2/6 12:43 am
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Source: Yahoo! Finance
The project, situated in the state of Rio Grande do Norte, also involves a turbine supply agreement with Vestas. Under the agreement, Vestas will deliver 51 V163-4.5MW turbines, with installation set to commence in March 2027 and completion expected by the end of the same year. Vestas will also oversee the operation and maintenance of the turbines for 30 years under an Active Output Management 5000 service agreement. Once operational, the project is expected to generate up to 1TWh of electricity annually. Construction is set to begin in the second quarter of 2026 and commercial operations in 2028. Rio Energy CEO Roberto Colindres said: “We look forward to working together with Vestas on the Esquina do Vento wind project – an important milestone for Rio Energy and our continued commitment to Brazil's renewable energy market. “Despite current challenges, we believe onshore wind has tremendous potential to deliver reliable, clean, affordable power and create lasting value fo
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News
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EQNR
Earnings
- 2/4/26 - Beat
EQNR
Sec Filings
- 3/24/26 - Form 6-K
- 3/19/26 - Form SD
- 3/19/26 - Form 6-K
- EQNR's page on the SEC website