Developer

Omega Geracao SA

www.omegageracao.com.br

Total capacity of implemented projects

500 - 1000 MW

Countries of projects presence

2

Omega Geracao SA is a renewable energy company based in Brazil that specializes in wind power generation. The company was founded in 2008 and has since become one of the leading players in the Brazilian renewable energy market. Omega Geracao SA has a strong focus on sustainability and is committed to reducing the carbon footprint of the country by providing clean and reliable energy solutions.

The company's primary business is the development, construction, and operation of wind power projects. Omega Geracao SA has a diversified portfolio of wind farms located across Brazil, with a total installed capacity of over 1.3 GW. The company's wind farms are spread across several states, including Bahia, Pernambuco, Rio Grande do Norte, and Ceara.

Omega Geracao SA's wind farms are equipped with state-of-the-art technology, including turbines from leading manufacturers such as Siemens Gamesa and Vestas. The company's wind farms are designed to operate efficiently, with minimal impact on the environment. Omega Geracao SA's wind farms are also equipped with advanced monitoring and control systems, which allow the company to optimize the performance of its wind turbines and maximize energy production.

In addition to wind power generation, Omega Geracao SA is also involved in the development of solar power projects. The company has recently announced plans to invest in a 50 MW solar power project in the state of Pernambuco. The project is expected to be operational by 2022 and will further diversify the company's renewable energy portfolio.

Omega Geracao SA's commitment to sustainability is reflected in its corporate social responsibility initiatives. The company is actively involved in several community development programs, including education, health, and environmental conservation. Omega Geracao SA also supports local businesses and suppliers, which helps to create jobs and stimulate economic growth in the regions where the company operates.

One of the key strengths of Omega Geracao SA is its management team, which is led by CEO Antonio Bastos Filho. Mr. Filho has over 30 years of experience in the energy sector and has been instrumental in the growth and success of the company. Under his leadership, Omega Geracao SA has become a leading player in the Brazilian renewable energy market and has established a reputation for excellence in project development and operation.

Omega Geracao SA's financial performance has been consistently strong, with the company reporting revenue of R$1.1 billion in 2020. The company's net income for the year was R$417 million, reflecting a net profit margin of 37.6%. Omega Geracao SA's financial strength is supported by a solid balance sheet, with total assets of R$6.3 billion and total liabilities of R$3.3 billion as of December 31, 2020.

Looking ahead, Omega Geracao SA is well-positioned to capitalize on the growing demand for renewable energy in Brazil. The country has set ambitious targets for the development of renewable energy, with a goal of reaching 45% of its energy mix from renewable sources by 2030. Omega Geracao SA's diversified portfolio of wind and solar power projects, combined with its strong management team and commitment to sustainability, make it a key player in the Brazilian renewable energy market.

In conclusion, Omega Geracao SA is a leading renewable energy company in Brazil that specializes in wind power generation. The company's strong focus on sustainability, combined with its advanced technology and diversified portfolio of projects, make it well-positioned to capitalize on the growing demand for renewable energy in the country. Omega Geracao SA's commitment to corporate social responsibility and support for local communities further demonstrates its commitment to sustainability and responsible business practices. With a strong financial performance and solid balance sheet, Omega Geracao SA is poised for continued growth and success in the years ahead.