Portuguese 
Spanish 
BNDES Informed That It Raised R$ 100 Million Last Friday (18) with the Japan Bank for International Cooperation (JBIC) to Invest in Wind Energy on National Soil
The funds raised will boost support for the wind turbines of 12 wind farms in Bahia and Pernambuco. Together, they have a total installed capacity of 331.85 MW and investments exceeding R$ 2 billion.
Read Also
- Construction of FPSO Chartered by Petrobras for Operations in the Búzios Field Will Feature a Loan from a Japanese Bank
- Brazilian Companies Are Called by Africa to Operate in the Oil and Gas Sector in the Country
- Jurong Shipyard Aracruz, in Espírito Santo, Acquires Financing Contract of 500 Million Dollars
- Wind Farm in RN Receives Approval for Financing of R$ 208 Million from BNDES
More Than 700 Households Will Have Access to Wind Energy
It is estimated that more than 737 thousand Brazilian households will receive clean and renewable wind energy generated by the projects.
“With this operation, BNDES continues the strategy to diversify funding sources and attract resources that promote sustainable projects in Brazil,” says the Finance Director, Bianca Nasser.
-
Giant Batteries Take Center Stage in Chile Auction as Company Offers 960 GWh of Solar Energy for Nighttime Use, Aiming to Stabilize Solar Power Supply
-
After a Year of Success in Switzerland, Solar Railway Attracts Italy’s Interest for Clean Energy Transformation
-
Robots Clean Solar Panels in Desert Power Plants Without Water, Preventing Energy Losses
-
Brazil’s Offshore Wind Energy Potential Worth $1 Trillion Stalled by Long-Delayed Agreement
The proceeds from the BNDES operation were disbursed in a single installment and originate from an external loan contract. The term is 12 years and is co-financed by Mizuho Bank Ltd and The Bank of Saga Ltd. This is the fifth operation conducted with JBIC under the Green Line (Global Action to Reconcile Economic Growth and Environmental Preservation).
Support for Renewable Energy
The Green Line aims to support projects that favor global environmental preservation. The main objective is to reduce greenhouse gas emissions and generate energy from renewable sources.
Previous collaborations with JBIC and BNDES for this line were signed in 2011, 2014, and in March and December 2015. Biomass cogeneration energy projects and wind farms were supported. With the new financing, the total resources of the Green Line amount to 950 million dollars.
JBIC is a financial institution fully controlled by the Japanese government, and its role is to support the stable and sustainable development of foreign countries. Additionally, it is essential to implement the economic cooperation policy of the Japanese government. Thus, it promotes the strengthening of economic relations between Japan and the international community.
