{"id":1004328848,"date":"2019-06-07T02:28:20","date_gmt":"2019-06-07T10:28:20","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004328848"},"modified":"2019-06-07T02:28:20","modified_gmt":"2019-06-07T10:28:20","slug":"enel-sells-540mw-of-renewable-capacity-for-743m","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/enel-sells-540mw-of-renewable-capacity-for-743m\/","title":{"rendered":"Enel Sells 540MW of Renewable Capacity for $743M"},"content":{"rendered":"<div id=\"attachment_1004328851\" style=\"width: 310px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/mix.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004328851\" data-attachment-id=\"1004328851\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/enel-sells-540mw-of-renewable-capacity-for-743m\/mix-6\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/mix.jpg\" data-orig-size=\"800,620\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"mix\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Image via Pixabay&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/mix.jpg?w=800\" class=\"wp-image-1004328851 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/mix.jpg\" alt=\"\" width=\"300\" height=\"233\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/mix.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/mix.jpg?resize=300,233 300w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2019\/06\/mix.jpg?resize=768,595 768w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><p id=\"caption-attachment-1004328851\" class=\"wp-caption-text\"><em>Image via Pixabay<\/em><\/p><\/div>\n<p>Enel, through subsidiary Enel Green Power Brasil Participa\u00e7\u00f5es, has closed the sale of three fully operational renewable energy plants totaling 540 megawatts to Chinese company CGN Energy International Holdings Co. The overall price of the transaction paid to Enel is equivalent to about $743 million at current exchange rates.<\/p>\n<p>The portfolio includes solar plants Nova Olinda (292 megawatts), located in the northeastern Brazilian state of Piau\u00ed, and Lapa (158 megawatts), situated in Bahia, as well as the 90-megawatt <a href=\"https:\/\/www.commercialsearch.com\/news\/brazils-90mw-cristalandia-wind-farm-begins-operations\/\">Cristal\u00e2ndia wind farm<\/a>, also in Bahia. All three plants have long-term PPAs in place: Lapa and Nova Olinda are supported by 20-year contracts providing the sale of specified volumes of energy to the Brazilian Chamber of Commerce of Electric Energy. The wind farm is supported by 20-year PPAs with a pool of Brazilian electricity distribution companies.<\/p>\n<p>Nova Olinda is comprised of around 930,000 solar panels spread across nearly 2,700 square miles and can generate more than 600 gigawatt-hours per year. Lapa is composed of two facilities\u2014Bom Jesus da Lapa (80 megawatts) and Lapa (78 megawatts)\u2014and consists of about 500,000 solar panels able to generate some 340 gigawatt-hours annually. The Cristal\u00e2ndia wind farm has a generating capacity of 350 gigawatt-hours per year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The transaction included three renewable energy plants, two solar farms and a wind park acquired by Chinese company CGN Energy International Holdings Co.<\/p>\n","protected":false},"author":237,"featured_media":1004328851,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,21748,16,21742,21786],"tags":[36963,35551,35875,40826],"class_list":["post-1004328848","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-industrial","category-international","category-latest","category-sustainability","tag-cristalandia","tag-enel-green-power","tag-solar-power","tag-wind-power"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - 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