A Lemon Energy expanded from five to 11 ventures the plant management agreement with IVI Energia, an arm of Brookfield, Canadian investment fund, in the Brazilian DG (distributed generation) market. The portfolio totals 13 MWac.
Lemon will be responsible for all connection between photovoltaic plants and customers, including the structure of the operation, credit management, financial management, customer relationships, among other aspects.
With this business, Lemon Energy hopes to expand its customer base by more than 2,500 small businesses in the states of Mato Grosso do Sul, Mato Grosso and São Paulo, where the plants are located.
Ben Sauer, operations manager at IVI Energia, highlighted that the partnership with Lemon is essential for the expansion of the company's distributed generation portfolio.
The Brookfield subsidiary has a portfolio of more than 50 solar plants, with a total expected power of 300 MWp. In 2024, the fund plans to invest R$ 1.2 billion in the construction of photovoltaic projects in the distributed generation modality.
Recently, IVI Energia signed a contract to acquire solar energy assets from Trinity Energia Renováveis. The deal could include 41 small solar plants in seven states, totaling more than 110 MWp, which are expected to come into operation by the beginning of 2025.
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