SPIC Brazil Closes R$ 282 Million Financing With Banco do Nordeste For Construction of Wind Farms in Rio Grande do Norte, Creating Many Job Opportunities for Local Residents

Written by Ruth Rodrigues

Published on 23/01/2023 at 00:35

Updated on 23/01/2023 at 08:24

Fonte: Mecânica Industrial

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SPIC Brasil, One of the Largest Renewable Energy Generators in the World, Signs Financing Contract with Banco do Nordeste Focused on Building More Wind Farms in Rio Grande do Norte.

The energy generator SPIC Brasil closed a financing contract worth R$ 282.2 million with Banco do Nordeste (BNB). The amount will be used for the construction of the Pedra Amolar I, Pedra Amolar II, and Paraíso Farol II wind farms, located in the municipality of Touros (Rio Grande do Norte). The credit will be released according to the disbursement schedule and progress of the works. The consulting firm Itaca Advisory was involved in the process as a financial advisor in the transaction.

The Financing Obtained by the Energy Generator Will Be Directed Towards the Construction of Three Wind Farms. A Fourth Farm Is in Sight, but the Proposal Is Still Under Review

BNB resources come from the Constitutional Financing Fund for the Northeast (FNE), a branch remunerated by the IPCA +3.68% per year, with payment divided over 24 years.

The wind complex also includes the construction of the Paraíso Farol III farm, which is financed through another credit modality; however, the proposal is still being evaluated.

ARTICLE CONTINUES BELOW

Looking Ahead to the Future of People and the Environment, Beyond Wind Farms

The company is also implementing two solar farms in the region, with a capacity of 738MW, in partnership with Canadian Solar, a Canadian company focused on manufacturing photovoltaic solar modules and also executing large-scale solar projects.

The units are set to start operating in 2024, according to the plan, in the municipalities of Brasileira (PI) and Jaguaretama (CE). With the new wind farms being built in Rio Grande do Norte and two parks already operating in Paraíba, there is approximately 1GW of installed capacity in the Northeast of the country.

SPIC Brazil Closes R$ 282 Million Financing With Banco do Nordeste For Construction of Wind Farms in Rio Grande do Norte, Creating Many Job Opportunities for Local Residents

SPIC Brasil, One of the Largest Renewable Energy Generators in the World, Signs Financing Contract with Banco do Nordeste Focused on Building More Wind Farms in Rio Grande do Norte.

The Financing Obtained by the Energy Generator Will Be Directed Towards the Construction of Three Wind Farms. A Fourth Farm Is in Sight, but the Proposal Is Still Under Review

Looking Ahead to the Future of People and the Environment, Beyond Wind Farms

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SPIC Brazil Closes R$ 282 Million Financing With Banco do Nordeste For Construction of Wind Farms in Rio Grande do Norte, Creating Many Job Opportunities for Local Residents

SPIC Brasil, One of the Largest Renewable Energy Generators in the World, Signs Financing Contract with Banco do Nordeste Focused on Building More Wind Farms in Rio Grande do Norte.

The Financing Obtained by the Energy Generator Will Be Directed Towards the Construction of Three Wind Farms. A Fourth Farm Is in Sight, but the Proposal Is Still Under Review

Looking Ahead to the Future of People and the Environment, Beyond Wind Farms

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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 in Brazil a 10-story building takes 2 years to complete, in China a company stacks pre-fabricated modules and raises the entire building in just 28 hours and 45 minutes.

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After ten days orbiting the Moon, science confirms that the astronauts of the Artemis II mission return with altered bodies.

With 7.4 trillion tons of artificial snow pumped in 10 years, an extreme operation could stabilize the West Antarctic ice sheet and prevent a sea level rise of more than 3 meters, but it would require snow cannons, ocean water, and energy on an almost industrial scale at the end of the world.

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