Help Desk -
9958816305, 9810335381
Email
Password

Ambev to Invest in Wind Farm to Power Budweiser Breweries in Brazil

Power News - Published on Tue, 12 Nov 2019

Image Source: businessinsider
Brazilian brewing company Ambev SA has signed a deal with a private equity group to build a wind farm that will supply renewable energy to all of its beverage plants in North-eastern Brazil, as well as to its five Budweiser breweries across the country. Under the terms of the agreement, Ambev is expected to pay around USD 145 million over a 15 year period to Casaforte Investimentos, which in turn will build a 1,600 hectare wind farm in Bahia state exceeding 80 megawatts in capacity.

All construction licenses have been granted and work begins early next year, with the wind farm likely to start operations in the beginning of 2022. The complex will generate about 30% of its Brazilian breweries power needs.

The move is part of a global effort by parent company Anheuser Busch InBev to have all of its operations run by renewable energy sources by 2025, and follows previous sustainability initiatives.

Source :

Posted By : Arun Huidrom on Tue, 12 Nov 2019
Related News from Power segment