BNDES finances three wind projects in Piauí
Date
October 20, 2015
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The Brazilian Development Bank (BNDES) approved last week three loans, totaling BRL 1.3 billion (USD 340 million) to support the development of wind complexes with a combined capacity of 436.7 MW.
More details about the projects can be seen below:
- Chapada do Piaui 1: 205.1 MW (loan: BRL 555 million)
- Chapada do Piaui 2: 172.4 MW (loan: BRL 575 million)
- Chapada do Piaui 3: 59.2 MW (loan: BRL 170 million)
The Chapada do Piaui 1, 2 and 3 wind complexes will comprise 247 wind turbines.
The facilities are located in the Araripe region between the states of Piaui and Pernambuco (Brazil).
The projects are developed by Chesf, a generation and transmission company owned by Eletrobras, and ContourGlobal.
The first phase was awarded with a 20 years term PPA in the Brazilian energy auction held in August 2013.
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