Investment

Alstom opens third factory in Brazil

Alstom has teamed up with Brazilian infrastructure group Andrade Gutierrez to open a tower manufacturing plant in Bahia.

Wind Power monthly
04/02/2015 03:41
Visualizações: 2663 (0) (0) (0) (0)

The factory, which can produce up to 200 towers a year, will employ around 750 people. It is Alstom's third wind manufacturing plant in Brazil.

 

Under the deal, Andrade Gutierrez will take a 51% holding in the business, while Alstom will own a 49% stake. The total investment in the venture will be around €30 million.

 

Alstom's other plants include a nacelle factory in Bahia and another tower plant in Canoas, Rio Grande do Sul. They were opened in 2011 and 2013 respectively.

Speaking to Windpower Monthly last year about the company's plans for Brazil, Pierre-Francoise Chenevier, senior vice president of Alstom Wind in Latin America, said production costs in Brazil remained an issue.

 

"Competition in the supply chain is important... We have contract obligations, which is not easy when you ramp up production. But it begins with on-time delivery of the supply chain," he said.

 

Last year, Brazil's national development bank, BNDES, approved Alstom under its local content rules for turbines, meaning projects featuring the company's machines can receive financing - a factor seen as essential if manufacturers are to offer their turbines at a competitive price.

Most Read Today
see see
International
PortXL presents its 2026 cohort of 11 maritime startups ...
30/09/26
ADIPEC
ADIPEC 2026 set to welcome record Asian participation as...
29/09/26
ANP
Royalties: amounts referring to July production were dis...
29/09/26
25th WPC
Riyadh Takes Center Stage as Global Energy Heavyweights ...
28/09/26
ROG.e 2026
Petrobras president advocates active exploration and exp...
25/09/26
ROG.e 2026
Nikki Martin, president and CEO of EnerGeo Alliance, spo...
25/09/26
ROG.e 2026
Oil States Highlights Integration Between Engineering, M...
25/09/26
ROG.e 2026
Port of Açu and OceanPact sign agreement for expansion o...
25/09/26
ROG.e 2026
Lumina’s Role and the Impact of ROG.e 2026 on the Energy...
25/09/26
ROG.e 2026
Leaders Identify Brazil as a Pillar of Energy Security a...
24/09/26
ROG.e 2026
Firjan SENAI and Sebrae Rio Connect Small Businesses wit...
24/09/26
ROG.e 2026
PPSA Study Identifies Best Practices to Support Investme...
24/09/26
ROG.e 2026
ROG.e 2026 Reinforces the DE&I Agenda in the Energy Sect...
24/09/26
ROG.e 2026
IBP Launches Publication on Energy Companies’ Socio-envi...
23/09/26
ROG.e 2026
Industry Giants and Independent Producers Accelerate Pro...
22/09/26
ROG.e 2026
Firjan Attends ROG.e 2026 Opening Ceremony and Signs Tec...
22/09/26
ROG.e 2026
ROG.e 2026 Opening Ceremony Highlights Just Energy Trans...
21/09/26
ROG.e 2026
Global Leaders Position Brazil as a Hub of Stability, At...
21/09/26
ROG.e 2026
Exclusive Interview: Pelagus targets Brazil to strengthe...
21/09/26
ROG.e 2026
At ROG.e, Firjan SENAI Holds the 30th Edition of the Sup...
21/09/26
ROG.e 2026
ROG.e 2026 kicks off next Monday (21) with global energy...
19/09/26
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.