SAO PAULO – Global miner Anglo American 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.