The Regional Government of Victoria in Australia announced the award to GPG of a total 180 MW of power output for the construction of a wind farm located 150 km from the State capital, Melbourne. This is the first inorganic investment by the Naturgy group since the presentation of its strategic plan 2018-2022.
Savanna is the latest solar power generation project by Global Power Generation in Brazil, confirming its commitment to this technology following the entry into commercial operation of the Sobral and Sertão projects last year. Acquisition of the project was completed on 6 April, following approval by the competent regulator in Brazil. Construction work began ten days later, and should conclude by the end of the year. Commercial operation by the Savanna plant is expected to begin at the end of the year.
As part of its corporate responsibility policy, Bií Hioxo has made a commitment to help its owners and employees following the earthquake on the Isthmus of Tehuantepec in September. This support will be used to facilitate the reconstruction of homes following the earthquake that has been since followed by several aftershocks.
Global Power Generation will invest approximately 95 million euros in developing what will be its second electricity generation project in the country, having successfully implemented the Sobral and Sertao projects, brought into operation in 2017. It is estimated that the project will produce 165 GWh annually.