R$ 2.1 Billion Approved By BNDES For Equatorial Energia's Investment Plan In The States of Maranhão and Pará

R$ 2.1 Billion Approved By BNDES For Equatorial Energia’s Investment Plan In The States of Maranhão and Pará

Written by Roberta Souza

Published on 04/01/2021 at 17:41

Equatorial Energia

Seja o primeiro a reagir!

The Financing Released to Equatorial Energia by BNDES Will Be for Equatorial Maranhão Distribution Company and Equatorial Pará

The National Bank for Economic and Social Development – BNDES, approved the financing requested by Equatorial Energia, in the amount of R$ 2.25 billion. The investment will be allocated to the investment plan for the years 2021 to 2023, for the subsidiaries Equatorial Maranhão Distribution Company and Equatorial Pará Distribution Company.

Check Out Other News of the Day:

The amount of financing released by BNDES will be R$ 750.8 million for the Maranhão subsidiary and R$ 1.4 billion for Pará. The grace period will last until December 2023, with a total term of 20 years at a cost of IPCA + 4.08% per annum.

Equatorial Energia stated in a note sent to the Securities and Exchange Commission (CVM) that “The next three years of the companies’ investments are backed by financing approved by the bank.”

ARTICLE CONTINUES BELOW

About Equatorial Energia:

Equatorial Energia is a holding company that controls the energy distribution companies Equatorial Energia Alagoas (Alagoas), Cemar (Maranhão), Celpa (Pará), and Cepisa (Piauí). In addition, it holds a significant stake in the Geramar Thermal Power Plant.

The company was established under the name Brisk Participações S.A. “Company” and was incorporated on June 16, 1999, by PPL Global LLC., initially to participate in the privatization auction of the Maranhão Energy Company-CEMAR, which was privatized on June 15, 2000, as a result of the then National Privatization Program, also known by the acronym “PND,” implemented by the Brazilian government starting from the administrations of Itamar Franco and Fernando Henrique Cardoso.

R$ 2.1 Billion Approved By BNDES For Equatorial Energia’s Investment Plan In The States of Maranhão and Pará

The Financing Released to Equatorial Energia by BNDES Will Be for Equatorial Maranhão Distribution Company and Equatorial Pará

Check Out Other News of the Day:

About Equatorial Energia:

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

While the U.S. still faces limitations in deep space, China is developing unprecedented technology with strategic satellites that maintain communication with the far side of the Moon and aims for dominance by 2030.

In Botswana, a salt flat of up to 16,000 km² that was once an African megalake spends months as an absolute white desert, but during the rainy season it transforms into a shallow sea that reappears from nowhere and can be seen from space in the middle of southern Africa.

The Blood Falls of Antarctica hide a living ecosystem trapped under the ice for over 2 million years, where microbes survive without light, without oxygen, and without ever having seen the Sun.

Bavarian archaeologists unearthed a medieval skeleton that had an articulated iron hand in place of its left arm, and the discovery reveals that doctors were already creating sophisticated prosthetics over 500 years ago.

The CEO of Honor in Spain says that smartphones will change with AI, foldables, and even robot phones; the component crisis is making cheap models more expensive in 2026 and shifting the focus to premium.

NASA announces the first interplanetary nuclear spacecraft in history destined for Mars and technology created to usher in a new era in deep space exploration: meet the SR-1 Freedom, equipped with a fission reactor and three helicopters inspired by Ingenuity to map Martian ice.

With 93 companies selling armored vehicles, aircraft, and monitoring systems to 148 countries, Brazil’s defense industry is doubling exports and is on track to break all records in 2026.

Brazil and Sweden finalize a military agreement to jointly train pilots, share experiences with the Gripen fighter, and allow Swedish crews of the KC-390 to train on Brazilian soil over the next two years.

Scientists warn that Earth’s oxygen has an expiration date and that the Sun itself will be responsible for ending the air we breathe by making photosynthesis impossible in about one billion years.

Science reveals that the error in the expansion of the cosmos is not a measurement flaw, but rather a sign that the universe may be hiding new physics capable of changing everything we know.

R$ 2.1 Billion Approved By BNDES For Equatorial Energia’s Investment Plan In The States of Maranhão and Pará

The Financing Released to Equatorial Energia by BNDES Will Be for Equatorial Maranhão Distribution Company and Equatorial Pará

Check Out Other News of the Day:

About Equatorial Energia:

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

While the U.S. still faces limitations in deep space, China is developing unprecedented technology with strategic satellites that maintain communication with the far side of the Moon and aims for dominance by 2030.

In Botswana, a salt flat of up to 16,000 km² that was once an African megalake spends months as an absolute white desert, but during the rainy season it transforms into a shallow sea that reappears from nowhere and can be seen from space in the middle of southern Africa.

The Blood Falls of Antarctica hide a living ecosystem trapped under the ice for over 2 million years, where microbes survive without light, without oxygen, and without ever having seen the Sun.

Bavarian archaeologists unearthed a medieval skeleton that had an articulated iron hand in place of its left arm, and the discovery reveals that doctors were already creating sophisticated prosthetics over 500 years ago.

The CEO of Honor in Spain says that smartphones will change with AI, foldables, and even robot phones; the component crisis is making cheap models more expensive in 2026 and shifting the focus to premium.

With 93 companies selling armored vehicles, aircraft, and monitoring systems to 148 countries, Brazil’s defense industry is doubling exports and is on track to break all records in 2026.

Whoever earns R$ 7,000 in Brazil did not receive an exemption from income tax in 2026 and has become the preferred target of the financial system, living in the most dangerous trap of the middle class.

After the U.S. oil blockade, Cuba faces an unprecedented collapse and puts its $827 million cigar industry at risk with blackouts, mass exodus, and production at the lowest level in history.

Rocket Lab signs $190 million contract to provide hypersonic suborbital launches for U.S. defense testing.

Leila Pereira’s mansion, president of Palmeiras, draws attention for its luxury, sophisticated finishes, and tribute to the club, while the value of R$ 90 million surrounds the property with curiosity.

NASA announces the first interplanetary nuclear spacecraft in history destined for Mars and technology created to usher in a new era in deep space exploration: meet the SR-1 Freedom, equipped with a fission reactor and three helicopters inspired by Ingenuity to map Martian ice.

With 93 companies selling armored vehicles, aircraft, and monitoring systems to 148 countries, Brazil’s defense industry is doubling exports and is on track to break all records in 2026.

Brazil and Sweden finalize a military agreement to jointly train pilots, share experiences with the Gripen fighter, and allow Swedish crews of the KC-390 to train on Brazilian soil over the next two years.

Scientists warn that Earth’s oxygen has an expiration date and that the Sun itself will be responsible for ending the air we breathe by making photosynthesis impossible in about one billion years.

Science reveals that the error in the expansion of the cosmos is not a measurement flaw, but rather a sign that the universe may be hiding new physics capable of changing everything we know.