SAO PAULO, May 30 (Reuters) - Wind farm developer Casa

dos Ventos has regulatory approval to move ahead with a

300-megawatt project in northeast Brazil where the company has

been discussing a major data center investment with the owner of

TikTok.

Brazil's national power grid operator (ONS) gave the green

light to connect the project at the Pecém port complex in Ceará,

Casa dos Ventos told Reuters on Friday. The total investment in

infrastructure and equipment for the data centers is expected to

reach 50 billion reais ($8.7 billion), the company added.

The ONS approval should speed up talks with major technology

companies including ByteDance, the Chinese parent company of

TikTok, a person familiar with the negotiations said. Reuters

first reported last month that the Chinese company was eyeing a

major Brazilian data center investment with Casa dos Ventos,

which partnered in 2022 with TotalEnergies on its wind

power portfolio.

($1 = 5.7180 reais)