Brazil: BNDES finances three wind parks with USD 260 million
Announcement
09 Sep 2015
On 9 September 2015, the Brazilian Development Bank (BNDES) announced to support three wind power projects. The financing for these farms entails the condition to source part of the construction inputs from Brazil.
Brazilian Development Bank (BNDES) announced to support three wind power projects with 1,07 billion real (USD 260 million). These are: (1) 652,5 million real (USD 156 million) are reserved for nine wi...
In the 3 windfarm projects with a total financing volume of USD 260 million, the Brazilian Development Bank imposes strict local content requirements on the production of wind turbines, e.g., towers a...