Brazil Joins Renewable Energy Project for 142 MW of REIDI

Written by Paulo Nogueira Published on 04/02/2019 at 10:07

The Priority Will Be for the States of Bahia, Rio Grande do Norte, and Paraná That Will Expand Their Renewable Energy Matrix With More 6 Projects

Brazil has allowed six renewable energy installations with a combined capacity of 141.9 MW to enter the National Infrastructure Development Incentive Regime (REIDI) and issue infrastructure debentures.

With the authorizations, the total cost of the projects is estimated to be around R $ 688.2 million (US $ 188.7 million / EUR 164.5 million). The schemes also have priority project status necessary to accelerate their implementation.

More details about the projects are available in the table below.

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See also

Name	Source	Capacity	Cost After REIDI	State
Serra da Babilonia A	Wind	18.8 MW	BRL 63.5m	Bahia
Serra da Babilonia C		23.5 MW	BRL 79.3m
Serra da Babilonia E		25.8 MW	BRL 87.3m
Serra da Babilonia F		16.4 MW	BRL 55.5m
Jerulasem I		29.4 MW	BRL 151.8m	Rio Grande do Norte
Lucia Cherobim	Hydropower	28 MW	BRL 251m	Parana

REIDI, launched in 2007, grants tax incentives to companies that invest in infrastructure projects in the sectors of transport, energy, sanitation, and irrigation.

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