AREVA and Bolognesi Participacoes*, through its subsidiary Hidrotérmica, a Brazilian independent power producer, have signed a master agreement to modernize cogeneration units in 10 sugarcane factories, located primarily in northeast Brazil.
Under the terms of the agreement, AREVA Koblitz, an AREVA's whollyowned subsidiary, will supply turnkey services for the units with a total output of 330 MWe that will be sold to the Brazilian grid.
Bolognesi Participacoes will invest €380 million for this project.
A first unit is already under construction and the other nine will be launched during the second half of 2010.
Under the terms of the agreement, AREVA Koblitz, an AREVA's whollyowned subsidiary, will supply turnkey services for the units with a total output of 330 MWe that will be sold to the Brazilian grid.
Bolognesi Participacoes will invest €380 million for this project.
A first unit is already under construction and the other nine will be launched during the second half of 2010.
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