Brazil’s Votorantim to Seek Partner to Expand in Wind Power

Votorantim Industrial SA will seek a partner to help the Brazilian conglomerate accelerate its wind-power efforts in the country.

The company has started internal conversations about potential investors and hasn’t approached any companies yet, according to Fabio Zanfelice, chief executive officer of the Sao Paulo-based company’s Votorantim Energia unit. He doesn’t expect to finalize a potential deal until next year.

The move comes as Votorantim expects to begin operations at its first wind farm in Brazil, a 205-megawatt complex in the northeastern state of Piaui it acquired in 2015. The first turbines will go into service in June and the ...