Spanish wind company Enerfin, a subsidiary of Bilbao-based Elecnor, signed an agreement in November with Brazil's Santa Catarina state utility, Celesc, to develop the state's wind energy program. According to the state government, Enerfin is willing to invest $80-$100 million to eventually bring 100 MW of wind power on-line in Santa Catarina. The first phase will be to identify sites and carry out environmental impact studies, says Enerfin's Guillermo Planas. Enerfin and Celesc will jointly set up a work group to implement the project. Brazil's severe power shortage presents Santa Catarina -- with plenty of hydro power and full reservoirs -- with the opportunity to export power to other states. Wind could form a significant part of the state's generation assets.