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Serena, a leading Brazilian wind energy company, is halting new investments in Brazil due to regulatory issues like curtailment and is redirecting funds to the US. The company operates a wind complex in Texas and plans to invest $370 million to expand its Goodnight project, supplying energy to a future Google data center.

CEO Antônio Bastos Filho emphasizes the need for predictable revenue streams and aims to increase dollar-denominated earnings. Serena's shift reflects the growing demand for renewable energy from tech companies amid environmental goals.