Corio plans to develop five Brazilian offshore wind projects

June 13, 2022
Corio Generation has plans for offshore wind in Brazil, with five projects totaling more than 5 GW in early-stage development.

Offshore staff

LONDON and EDINBURGH, U.K. — Corio Generation has plans for offshore wind in Brazil, with five projects totaling more than 5 GW in early-stage development:

  • Costa Nordeste Offshore, Northeast coast of Brazil, 1,200+ MW

  • Vitoria Offshore, Southeast coast of Brazil, 495+ MW

  • Guarita Offshore, South coast of Brazil, 1,200+ MW

  • Cassino Offshore, South coast of Brazil, 1,200+ MW

  • Rio Grande Offshore, South coast of Brazil, 1,170+ MW

Corio intends to develop five projects in Brazil, subject to finalization of documentation and regulatory approvals, alongside Brazilian power generation company Servtec, which has been in the renewables sector for more than 20 years and played a major role in the establishment of the country’s onshore wind industry.

Corio and Servtec are aiming to apply for leases for the five fixed-bottom projects in the country’s northeastern, southeastern and southern maritime areas, ranging from about 500 MW to more than 1.2 GW in installed capacity.

The companies have been working together for more than 18 months to analyze opportunities in the Brazilian market. Their joint analysis of the country’s marine areas and environmental and technical considerations led them to select these five sites to take forward into development.

Corio Generation, a portfolio company of Macquarie’s Green Investment Group, operates on a standalone basis. Launched in April 2022, Corio already has a large offshore wind development portfolio at more than 20 GW.

06.13.2022