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Serena, a major wind energy producer in Brazil, has ceased new investments domestically, redirecting resources to the US due to regulatory challenges, particularly curtailment affecting revenue predictability. The company operates a wind complex in Texas and plans a $370 million expansion of its Goodnight project, which will double its capacity to 531 MW by 2027, catering to a future Google data center.

CEO Antônio Bastos Filho aims to shift revenue from 80% in reais to a majority in dollars within five years. The move aligns with increasing demand for renewable energy from tech firms in response to environmental commitments.