NEW YORK (AP) -- General Electric Co. said Monday that four developers will buy 258 wind turbines through an initiative by the Brazilian government.
GE, based in Fairfield, Conn., didn't say how much the contracts were worth.
The developers, Renova Energia SA, Dobreve Energia SA, Contour Global and Bioenergy, will buy turbines that can provide more than 400 megawatts of wind energy. The companies made the deals as part of Brazil's 2010 Alternative Energy Auction, and the projects will be located in the states of Bahia and Rio Grande do Norte.
GE said it will supply the wind turbines, erect them and provide service for two years. The company also recently announced plans to spend $500 million to expand its operations in Brazil.
