Tag Archives: BNDES

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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