Gas Natural Fenosa Renovables, which is Gas Natural Fenosa’s new renewable energy subsidiary,
is planning to enter the wind power markets of Brazil, Colombia, and to increase its presence in Mexico, according to a report by Spanish economic newspaper Cinco Días.
According to the publication, the company currently produces a total of 1520 MW in Portugal, Mexico, Panama, Chile and Australia.
The general manager of wholesale businesses of energy, Manuel Fernandez Alvarez, said Natural Gas Fenosa Renewable is in the process of completing several small-hydro projects in South America.
In addition, the company has not ruled out the acquisition of new projects, according to a statement by Javier Serrano, the director of Gas Natural Fenosa Renovables, published in the same press report.