Tag Archives: BNDES

Wind power project in Rio Grande do Norte (Brazil) backed by the BNDES will supply wind energy to 800 thousand homes

The complex comprises six wind farms with 76 wind turbines and a total installed capacity of 319.2 MW. It is estimated that 700 direct and indirect jobs will be created in the construction phase. The Brazilian Development Bank (BNDES) has approved funding for the construction of six wind farms and an associated substation by EDP … Continue reading Wind power project in Rio Grande do Norte (Brazil) backed by the BNDES will supply wind energy to 800 thousand homes

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Wind energy in Brazil, BNDES approves loan of R$1.3 billion for Iberdrola wind farm

The amount will finance the construction of 12 wind farms in Paraíba with a total capacity of 370.8 megawatts.  The National Bank for Economic and Social Development (BNDES) approved a loan of R $ 1.3 billion to finance the construction of 12 wind farms of the Brazilian Wind Power, a company controlled by Neoenergia, owned … Continue reading Wind energy in Brazil, BNDES approves loan of R$1.3 billion for Iberdrola wind farm

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Wind energy In Brazil: BNDES approves loan to Engie wind farm in Bahia

Umburanas Wind Power Complex consists of 18 wind farms and the transmission line will have 50 kilometers.Total investment in the complex is R $ 1.6 billion, including associated transmission lines. The BNDES loan will cover 78.8% of the total project investment. The Umburanas Wind Complex consists of 18 wind farms. According to BNDES, the complex’s … Continue reading Wind energy In Brazil: BNDES approves loan to Engie wind farm in Bahia

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Enel and BNDES sign US$115 million loan agreement to promote renewable investments in Brazil

The Enel Group1 and the Brazilian Development Bank (“BNDES”), the main financing agency for development in Brazil, have signed a 20-year term loan agreement worth around 373 million Brazilian reais (approximately 115 million US dollars) that will cover part of the investment required to build the recently inaugurated 102 MW Apiacas hydropower cluster, which is … Continue reading Enel and BNDES sign US$115 million loan agreement to promote renewable investments in Brazil

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Brazil’s development bank okays USD 2.5bn in wind energy loans in 2014

In December BNDES approved BRL 1.7 billion in loans for 590.4 MW of wind power projects. These include 181.9 MW wind farm in Pernambuco state, 59.4 MW in Rio Grande do Norte and 144 MW in Rio Grande do Sul. Among the supported schemes are also seven wind farms of 205.1 MW in total in … Continue reading Brazil’s development bank okays USD 2.5bn in wind energy loans in 2014

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