June 19, 2017 / 7:13 AM / a year ago

BRIEF-Edf Energies Nouvelles buying Brazil's Pirapora II solar project

June 19 (Reuters) - EDF Energies Nouvelles:

* EDF Energies Nouvelles is announcing the acquisition of Pirapora II, a 115 MWp photovoltaic project

* EDF Energies Nouvelles has acquired an 80% interest in the Pirapora II photovoltaic project from Canadian Solar Inc., which is retaining a 20% stake and manufacturing the photovoltaic panels at its local plant

* The 115 MWp Pirapora II project holds a 20-year Power Purchase Agreement (PPA), and is due to be commissioned in the first half of 2018

* The project is located in the south-east region of the country, close to Pirapora I (191 MWp), another PV solar project currently under construction, which is also owned by EDF Energies Nouvelles together with Canadian Solar Inc

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