Equinor Buys Brazilian Wind Farm Project From Vestas

Dow Jones03-23 20:16

By Dominic Chopping

Equinor acquired an onshore wind farm project in Brazil from Vestas Wind Systems as it seeks to broaden its integrated power portfolio.

The Norwegian energy major said Monday that through its Rio Energy subsidiary it has acquired the 230 megawatt Esquina do Vento wind project situated in the northwest of Brazil.

"We have a solid and diversified portfolio of oil and natural gas in the country," said Helge Haugane, head of Equinor's power business.

"With this acquisition, we are expanding in renewable energy and strengthening our integrated power portfolio, where wind, solar and trading work together to deliver competitive and reliable power."

In a separate announcement, Vestas said it will supply 51 turbines to the project, with installation beginning in March 2027 and all turbines expected to be installed by the end of 2027.

In addition to supplying and installing the turbines, Vestas will also be responsible for operation and maintenance under a 30-year service agreement, it said.

Once operational, the Esquina do Vento project is expected to generate enough electricity to power around 520,000 homes in Brazil.

Financial terms weren't disclosed.

Write to Dominic Chopping at dominic.chopping@wsj.com

(END) Dow Jones Newswires

March 23, 2026 08:16 ET (12:16 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2621031797?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-03-23 20:16","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2621031797","market":"nz","top_or_hot":-1,"title":"Equinor Buys Brazilian Wind Farm Project From Vestas","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Dominic Chopping \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Equinor acquired an onshore wind farm project in Brazil from <a href=\"https://laohu8.com/S/VWDRY\">Vestas Wind</a> Systems as it seeks to broaden its integrated power portfolio. \n</p>\n<p>\n  The Norwegian energy major said Monday that through its Rio Energy subsidiary it has acquired the 230 megawatt Esquina do Vento wind project situated in the northwest of Brazil. \n</p>\n<p>\n  \"We have a solid and diversified portfolio of oil and natural gas in the country,\" said Helge Haugane, head of Equinor's power business. \n</p>\n<p>\n  \"With this acquisition, we are expanding in renewable energy and strengthening our integrated power portfolio, where wind, solar and trading work together to deliver competitive and reliable power.\" \n</p>\n<p>\n   In a separate announcement, Vestas said it will supply 51 turbines to the project, with installation beginning in March 2027 and all turbines expected to be installed by the end of 2027. \n</p>\n<p>\n  In addition to supplying and installing the turbines, Vestas will also be responsible for operation and maintenance under a 30-year service agreement, it said. \n</p>\n<p>\n  Once operational, the Esquina do Vento project is expected to generate enough electricity to power around 520,000 homes in Brazil. \n</p>\n<p>\n  Financial terms weren't disclosed. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Dominic Chopping at dominic.chopping@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 23, 2026 08:16 ET (12:16 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Equinor Buys Brazilian Wind Farm Project From Vestas</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEquinor Buys Brazilian Wind Farm Project From Vestas\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-03-23 20:16</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  By Dominic Chopping \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Equinor acquired an onshore wind farm project in Brazil from <a href=\"https://laohu8.com/S/VWDRY\">Vestas Wind</a> Systems as it seeks to broaden its integrated power portfolio. \n</p>\n<p>\n  The Norwegian energy major said Monday that through its Rio Energy subsidiary it has acquired the 230 megawatt Esquina do Vento wind project situated in the northwest of Brazil. \n</p>\n<p>\n  \"We have a solid and diversified portfolio of oil and natural gas in the country,\" said Helge Haugane, head of Equinor's power business. \n</p>\n<p>\n  \"With this acquisition, we are expanding in renewable energy and strengthening our integrated power portfolio, where wind, solar and trading work together to deliver competitive and reliable power.\" \n</p>\n<p>\n   In a separate announcement, Vestas said it will supply 51 turbines to the project, with installation beginning in March 2027 and all turbines expected to be installed by the end of 2027. \n</p>\n<p>\n  In addition to supplying and installing the turbines, Vestas will also be responsible for operation and maintenance under a 30-year service agreement, it said. \n</p>\n<p>\n  Once operational, the Esquina do Vento project is expected to generate enough electricity to power around 520,000 homes in Brazil. \n</p>\n<p>\n  Financial terms weren't disclosed. \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  Write to Dominic Chopping at dominic.chopping@wsj.com \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 23, 2026 08:16 ET (12:16 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"VWDRY","symbol_name":"Vestas Wind Systems A/S","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2621031797","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2621031797","pubTimestamp":1774268160,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Equinor acquired an onshore wind farm project in Brazil from Vestas Wind Systems as it seeks to broaden its integrated power portfolio.The Norwegian energy major said Monday that through its Rio Energy subsidiary it has acquired the 230 megawatt Esquina do Vento wind project situated in the northwest of Brazil.\"We have a solid and diversified portfolio of oil and natural gas in the country,\" said Helge Haugane, head of Equinor's power business.\"With this acquisition, we are expanding in renewable energy and strengthening our integrated power portfolio, where wind, solar and trading work together to deliver competitive and reliable power.\". In a separate announcement, Vestas said it will supply 51 turbines to the project, with installation beginning in March 2027 and all turbines expected to be installed by the end of 2027.In addition to supplying and installing the turbines, Vestas will also be responsible for operation and maintenance under a 30-year service agreement, it said.Once op","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"VWDRY":"Vestas Wind Systems A/S","BK4585":"ETF&股票定投概念","EQNR":"Equinor ASA","BK4182":"重型电气设备","BK4201":"综合性石油与天然气企业","BK4588":"碎股"},"translate_title":"Equinor从维斯塔斯手中收购巴西风电场项目","themeId":"8603dabb40994e59ac78c04c930c0d49","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"VWDRY":0.9,"EQNR":0.9},"content_text":"By Dominic Chopping \n\n\n \n\n\n  Equinor acquired an onshore wind farm project in Brazil from Vestas Wind Systems as it seeks to broaden its integrated power portfolio. \n\n\n  The Norwegian energy major said Monday that through its Rio Energy subsidiary it has acquired the 230 megawatt Esquina do Vento wind project situated in the northwest of Brazil. \n\n\n  \"We have a solid and diversified portfolio of oil and natural gas in the country,\" said Helge Haugane, head of Equinor's power business. \n\n\n  \"With this acquisition, we are expanding in renewable energy and strengthening our integrated power portfolio, where wind, solar and trading work together to deliver competitive and reliable power.\" \n\n\n   In a separate announcement, Vestas said it will supply 51 turbines to the project, with installation beginning in March 2027 and all turbines expected to be installed by the end of 2027. \n\n\n  In addition to supplying and installing the turbines, Vestas will also be responsible for operation and maintenance under a 30-year service agreement, it said. \n\n\n  Once operational, the Esquina do Vento project is expected to generate enough electricity to power around 520,000 homes in Brazil. \n\n\n  Financial terms weren't disclosed. \n\n\n \n\n\n  Write to Dominic Chopping at dominic.chopping@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 23, 2026 08:16 ET (12:16 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.37.0","shortVersion":"4.37.0","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2621031797","isCrawlerRequest":true}