The National Bank for Economic and Social Development (BNDES) has approved long-term financing for the implementation of the Ventos de Santa Martina 14 wind farm, located in the municipalities of Caiçara do Rio do Vento and Riachuelo, in Rio Grande do Norte.
The wind farm belongs to the Casa dos Ventos group and is part of the Rio do Vento Wind Complex, currently under construction. The financing for the special purpose company (SPE) Ventos de Santa Sofia Energias Renováveis SA will be BRL208 million (US$39 million), intended to purchase equipment in addition to the implementation of the project. It is estimated that 1,500 jobs will be created during the implementation of the entire complex that spans three municipalities in the state, with a total installed capacity of 504 megawatts.
BNDES will finance the implementation works and the acquisition of national equipment. Ventos de Santa Martina 14 wind farm is expected to start commercial operation in a year from now, adding 63 megawatts to the total capacity of the complex.
Country updates
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