BNDES approves financing for 434 MW Santo Agostinho wind complex in Rio Grande do Norte

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

The National Bank for Economic and Social Development (BNDES) has announced that it will support the implementation of the 434 MW Santo Agostinho Wind Farm located in the Rio Grande do Norte, Brazil. 

The project is developed and owned by Engie and is comprised of fourteen parks in the municipalities of Lajes and Pedro Avelino. Once operational, the onshore wind farm will produce enough clean and renewable energy to supply for around 800,000 homes. The construction works will attract 900 local workers with another 80 jobs created after the completion of the works. 

BNDES will provide support in the amount of BRL1.47 billion (US$261 million), corresponding to 64% of the project's total investment of BRL2.3 billion (US$409.8 million). 

List of the country updates

Country updates

  • December 08, 2021

    Fepam releases preliminary license for the 810 MW Tres Divisas wind complex in Rio Grande do Sul

    Fundação Estadual de Proteção Ambiental (Fepam), the state environmental regulator of Brazil, has issued a preliminary license to the developers of the proposed 810 MW wind...

    Read more
  • December 02, 2021

    Siemens Energy to construct 1.7 GW combined cycle power plant in Brazil

    Siemens Energy has secured an order for the turnkey construction of the combined cycle power plant UTE GNA II in the integrated LNG-to-Power project GNA II, located at Port of Açu.

    Read more
  • December 02, 2021

    Nordex to provide turbines for 370 MW Cajuina 2 wind project in Rio Grande do Norte

    AES Brasil has once again commissioned the Nordex Group to supply and install N163/5.X turbines in Brazil. Following the 314 MW order for the 'Cajuína' wind farm in June 2021, AES has now order...

    Read more
  • November 30, 2021

    EGP Brasil starts commercial operation of 353 MW Morro do Chapeu Sul II wind farm in Bahia

    Enel Green Power Brasil, a unit of Enel Green Power (EGP), has started the commercial operation of its 353 MW Morro do Chapeu Sul II wind farm project located in the state of Bahia in Brazil.&nbs...

    Read more
  • November 22, 2021

    ANEEL authorizes the commercial operation of 47.2 MW Juazeiro V solar PV project in Bahia

    Agência Nacional de Energia Elétrica (ANEEL), a Brazilian Electricity Regulatory Agency, has authorized the operation of the 47.2 MW Juazeiro V solar photovoltaic project. The s...

    Read more

Share this update