Solar Americas arrives in Brazil to create a 2 GW portfolio

The goal is to help companies in the construction, implementation and operation of solar parks
23-09-21-canal-solar-Solar Americas chega ao Brasil para criar portfólio de 2 GW

Create a portfolio of 2 GW of installed power in solar plants by 2025 in Brazil. This is the objective of Solar Americas Capital, which announced that it will invest in the country, through joint ventures with companies, aiming at the development and exploitation of electricity generation assets. 

The initiative arrives in Brazilian territory after a first round of contributions and has the goal of raising and investing 1 billion pounds over the next five years.

“We are presenting a partnership format that brings transparency and generates value for partner companies and investors, while allowing the monetization and construction of assets for the long term,” said Tiago Alves, co-founder and CEO Americas.

“There is an excellent opportunity for our corporate partners and investors as they are part of a larger portfolio, without the risk of being alone in the process”, he added.

According to Alves, the agreement aims to help companies increase their consumption of photovoltaic energy, through the construction, implementation and operation of state-of-the-art parks. Additionally, Solar Americas can acquire existing solar farms and provide consultancy to offset carbon emissions.

Read more: Solar parks: a trend among large companies

The company attracted interested parties from different sectors, and additional rounds of financial fundraising will take place with private and institutional investors. “The Solar Americas model attracted our attention and we hope to be able to contribute to its success and expansion in Brazil”, said Eustacio Vieira, shareholder of EVIPAR, Investimentos e Participações.

The partnership with Solar Americas will also offer companies the possibility of predicting energy costs during the period they choose to maintain ownership of the asset.  

According to Solar Americas, having such predictable costs in the order of millions of reais per year brings a significant comparative advantage for those who decide to use solar sources.  

“Failing to improve environmental protection credentials is no longer an option for companies. They, across the globe, are looking to ensure a reduction in their carbon footprint, while also improving their operational and cost metrics,” said Luiz Silva, co-founder and EMEA CEO of Solar Americas.

“The construction of a photovoltaic plant requires experience and focus that many medium-sized companies do not have internally and would be inefficient to acquire. We have the knowledge and partnerships necessary to carry out the financial structuring, projects, construction and operation, taking this burden off our client-investors”, he concluded.

Picture of Mateus Badra
Mateus Badra
Journalist graduated from PUC-Campinas. He worked as a producer, reporter and presenter on TV Bandeirantes and Metro Jornal. Has been following the Brazilian electricity sector since 2020.

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