More on that Super-Attractive Run-Of-River Hydro Project
About a month ago, I mentioned that I had run across a very interesting group of folks in Brazil. The team, captained by an extremely senior financial/energy professional, has assembled a package of 13 “small” (1 – 30 MW) and “micro” (less than 1 MW) run-of-river hydrokinetics projects in Southeastern Brazil, and is well-positioned to move quickly. They’re looking for investors, and are prepared to make an attractive offer.
There are many things I like about this–one of which is the overall context of clean energy in Brazil. Here’s an article in DiscoverBrazil! that presents the country’s overall appetite for renewable energy generally, based on the increasing demand for power and its repulsion for fossil fuels. Here’s another one in the Latin American Energy Review, echoing this point. Brazil’s real estate market is the single hottest one in the Americas, and the third hottest (behind only Hong Kong and Dubai) in the world. The country’s energy growth is running at 5% annually, outpacing its growth in GDP. Best of all, public policy makes the development of renewables much more straightforward than it is here in the U.S.
Again, if you happen to be an accredited investor, and you’d like to learn more about the project, just click here. Please contact me if you’d like to get in touch with the principals, and I’ll make that happen.
Note: Sorry about the error you may have received: mW (milliwatts) vs. MW (megawatts).
This is excellent!
Thanks. I think so too. I’ll be very surprised if I can’t make this happen. I’m hoping to head down there this summer and meeting some people associated with this and a couple other projects in Central and South America.