# TotalEnergies and Casa dos Ventos form joint venture for renewable energy

TotalEnergies and Brazil's Casa dos Ventos (CDV) formed a joint venture to develop, build and operate CDV's renewable portfolio, including 700 MW of onshore wind in operation, 1 GW under construction, and 2.8 GW of wind and 1.6 GW of solar projects. TotalEnergies will hold a 34% stake for $550 million plus up to $30 million earn-out.

- Type: Partnership
- Announced: 2022-10-26
- Where: Brazil
- Value: $550.0M
- Status: announced
- Capacity: 700 MW wind in operation, 1 GW wind under construction, 2.8 GW wind and 1.6 GW solar in development
- Products: onshore wind energy, solar energy
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [TotalEnergies](https://endata.com/companies/9252.md) (investor)
- [Casa dos Ventos](https://endata.com/companies/51579.md) (partner)

## Sources

- [energyconnects.com](https://www.energyconnects.com/news/renewables/2022/october/totalenergies-partners-with-casa-dos-ventos-to-develop-renewable-energy-projects/), 2022-10-26: "TotalEnergies and Brazil's Casa dos Ventos (CDV) announced the creation of a joint venture to develop, build and operate the renewable portfolio of Casa Dos Ventos."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.