Powertis, the global solar PV project development division of Soltec Power Holdings, and BNB, Banco de Nordeste do Brasil, have signed an agreement for the financing of a new solar photovoltaic project in Brazil amounting to BRL520 million (US$102.53 million).
The project, named Graviola, is located in the municipality of São João do Piauí (Brazil) and will have an installed capacity of 375 MW.
The agreement, which involves a credit line for a period of 24 years, at a cost of IPCA + 1.89% per annum, has received advisory support from Itaca Advisory and represents a further step in the growing scale and value of the company’s projects.
Country updates
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July 08, 2021
AES Brasil selects Nordex to supply turbines for 313.5 MW Cajuína wind complex
AES Brasil has commissioned the Nordex Group to supply and install 55 N163/5.X turbines for the 313.5 MW wind farm Cajuína. The order also includes the service of the turbines over the period o...
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July 07, 2021
Contract awarded for 1,405 MWe Angra 3 nuclear project in Brazil
The National Bank for Economic and Social Development (BNDES) signed a contract with the Angra Eurobras NES consortium, winner of the tender for the structuring of the 1,405 MWe Angra 3 project. The c...
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June 25, 2021
Petrobras completes sale of 51% stakes in 26 MW Mangue Seco 2 wind farm project
Petróleo Brasileiro S.A (Petrobras) has completed the sale of its 51% interest in Eólica Mangue Seco 2 – Geradora e Comercializadora de Energia Elétrica S.A. (Eólica...
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June 21, 2021
716 MW Onshore wind farm in Brazil starts commercial operations
Enel Green Power Brasil Participações Ltda. (EGPB) has started commercial operations of the 716 MW Lagoa dos Ventos wind farm, which is the largest wind facility currently in operation i...
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June 11, 2021
Neoenergia starts construction of 149.3 MWp Luzia solar PV project in Paraiba
Neoenergia SA has started the construction works for the 149.3 MWp Luzia solar project, consisting of two solar farms, located in the municipality of Santa Luzia, Paraiba, Brazil. The project will be...
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