Siemens Gamesa 'in final talks' on 700-megawatt wind deals

Sao Paulo

SIEMENS Gamesa Renewable Energy SA is in final negotiations to supply about 700 megawatts of wind turbines for power plants in Brazil, according to people familiar with the talks.

The deals are to supply equipment for projects that Voltalia SA, EDP Renovaveis SA, Enel Green Power SpA, and Neoenergia SA are developing in north-east Brazil, according to the people, who asked not to be identified because the negotiations are not public.