Rio Energy is a Brazil-based renewable power company that develops, finances, builds, and operates onshore wind and solar generation assets. It manages the full project lifecycle—from greenfield development and permitting to construction, operations, and asset management—and sells electricity to utilities and corporate offtakers through long-term power purchase agreements as well as in Brazil’s free power market.
Operating across multiple regions in Brazil, the company focuses on grid-connected projects that expand non-fossil power supply and support system reliability. Since 2023, Rio Energy has been a subsidiary of Equinor, serving as a platform for the group’s onshore renewables activities in Brazil.
Acquired ready-to-build 51-turbine onshore wind complex; expands onshore renewables and storage platform, supports integrated wind/solar/trading strategy, targets ~1 TWh/year and double-digit returns.
Equinor's hybrid power complex in Brazil combines 140 MW solar and 223 MW wind, enhancing energy stability and cost efficiency. Annual output: 236 GWh, powering 143,000 homes.
