In partnership with ArcelorMittal, BNDES announced an unprecedented record with new financing for wind energy generation
The National Bank for Economic and Social Development (BNDES) has just announced a historic operation: record financing of R$3,2 billion for the Babilônia Centro wind complex, the result of a partnership between Casa dos Ventos and the steel giant ArcelorMittal. This is the biggest Operação of the type already carried out by BNDES, marking a new chapter in the search for a more sustainable energy matrix in Brazil, according to the website Petronotícias.
The Babilônia Centro wind complex, located in the municipalities of Morro do Chapéu and Várzea Nova, in Bahia, will be a milestone in energy generation renewable energy in the country. With 123 wind turbines and an installed capacity of 553,5 MW, the project will be capable of generating around 267 average MW of energy, which represents a significant leap in the supply of clean energy.
Furthermore, the wind complex with investments from BNDES will play a fundamental role in supplying ArcelorMittal in Brazil, being responsible for supplying approximately 40% of the company's electrical consumption. This agreement also marks the largest corporate renewable energy contract ever signed in the country, consolidating ArcelorMittal's position as one of the leaders in sustainability and environmental responsibility.
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Economic and social impact of ArcelorMittal's new wind farm
The implementation of ArcelorMittal's Babilônia Centro wind complex will not only boost the country's energy capacity, but will also have a significant impact on the local economy. It is estimated that during the implementationthe project will create 1.500 direct jobs and 3.000 indirect jobs. Upon completion, the complex is expected to maintain 80 direct employees, in addition to generating indirect opportunities for another 150 workers.
Lucas Araripe, executive director of Casa dos Ventos, highlighted the importance of investments in renewable energy for the local economy, highlighting that such projects have a positive impact on job creation and sustainable development in the regions where they are implemented.
Commitment to sustainability
The operation also reinforces BNDES' commitment to large-scale projects that aim for a cleaner and more sustainable energy matrix for Brazil. Aloizio Mercadante, president of the development bank, highlighted that the operation is aligned with the search for a more sustainable energy matrix, contributing to the decarbonisation and the production of clean energy in the country.
In turn, Jefferson De Paula, president of ArcelorMittal Brasil and CEO Aços Longos e Mineração LATAM, emphasized that the Babilônia Centro wind complex with investments from BNDES is an important step towards achieving the company's global objectives in relation to carbon neutrality and reduction emissions, reinforcing the company's commitment with a sustainable future.
Scheduled to start operations in October 2025, the Babilônia Centro wind complex represents no only an advance in Brazil's energy capacity, but also a milestone in the search for cleaner and more sustainable energy sources. BNDES' record investment signals a growing trend in financing for large-scale renewable generation projects, consolidating the country as a leader in the clean energy sector.