17th Jan 2025 21:09
VH Global Energy Infrastructure PLC - London-based investor in energy infrastructure, formerly known as VH Global Sustainable Energy Opportunities PLC - Says it has successfully energised two additional solar distributed generation sites in Brazil, bringing the group's total operational solar DG projects in the country to 12. The group expects a third solar site to be energised in the first quarter of 2025, adding a further 6.25 megawatts of direct current to its present capacity of 34.3 megawatts. Three further sites are also expected to become operational in 2025.
It says the two newly energised assets are already generating revenue with between 10- and 20-year offtake agreements. The larger asset has a 20-year inflation-linked contract with Spanish telecommunications firm Telefonica SA.
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By Emily Parsons, Alliance News reporter
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