June 25, 2020 / 1:23 PM / a month ago

Anglo American to buy wind power energy from Brazil's Casa dos Ventos

SAO PAULO (Reuters) - Global miner Anglo American (AAL.L) has reached an agreement to buy 95 megawatts of wind power from Brazil’s Casa dos Ventos for 20 years, starting in 2022, according to a statement issued on Thursday.

Casa dos Ventos said its wind plant in the northeastern state of Rio Grande do Norte will provide Anglo American with roughly 30% of its energy consumption in Brazil.

The contract value has not been disclosed, but Casa dos Ventos said the agreement may lead Anglo American to buy a stake in its plants in the future.

Reporting by Luciano Costa; writing by Carolina Mandl; editing by Jonathan Oatis

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