EDPR concludes sale of 137 MW Babilonia wind farm in Bahia to Actis
EDP Renováveis, S.A. (EDPR) has completed the sale of its full equity shareholding in an operating onshore wind project with 137 MW of installed capacity, to an affiliate of Actis, for a total consideration of BRL598 million (US$137 million) equity value; corresponding to an enterprise value of BRL1.2 billion (US$278 million).
In detail, Babilonia 137 MW wind farm is located in the state of Bahia, Brazil, and has been in operation since 4Q 2018. The project, which was fully owned by EDPR, was awarded a 20-year PPA in the LER 2015 auction.
Country updates
-
-
February 11, 2020
Canadian Solar secures financing for 152.4 MW Lavras solar PV project
Canadian Solar has secured BRL225.2 million (US$52 million) non-recourse project financing from Banco do Nordeste do Brasil S.A. (BNB) for its Lavras solar power projects. The 152.4 MWp Lavras proje...
Read more -
February 11, 2020
BNDES receives US$5.2bn for its 9.86% stakes in Petrobras
The National Bank for Economic and Social Development (BNDES) has received US$5.17 billion for the sale of its 9.86% stakes in the state-controlled oil company Petroleo Brasileiro, commonly known...
Read more -
February 10, 2020
Ceara approves construction of 216.7 MW Bom Lugar Norte PV complex in Ico
The State Environment Council (Coema) has approved the construction of Enerlife's Bom Lugar Norte solar power plant complex. The confirmation indicates that the study and the environmental impact repo...
Read more -
January 27, 2020
Eneva secures BRL1bn for the Azulão-Jaguatirica Integrated Project
The Brazilian energy company Eneva, through its subsidiary Azulão Geração de Energia SA, has secured a BRL1 billion (US$210.63 million) bank financing from Banco da Amaz...
Read more -
January 27, 2020
BNDES approves BRL95m financing for Nova Guaporé Small Hydroelectric Power Plant
The National Bank for Economic and Social Development (BNDES) has approved the BRL95 million (US$22.72 million) for the Special Purpose Entity (SPE) Nova Guaporé Energética S/A to implem...
Read more
