The amount will finance the construction of 12 wind farms in Paraíba with a total capacity of 370.8 megawatts.
The
National Bank for Economic and Social Development (BNDES) approved a
loan of R $ 1.3 billion to finance the construction of 12 wind farms of
the Brazilian Wind Power, a company controlled by Neoenergia, owned by
the Spanish group Iberdrola.
The wind
turbines plants in Paraíba will have a total installed capacity of 370.8
megawatts when completed, which is expected by 2022, the bank said on
Thursday.
The value of the operation represents 80% of the total estimated investment of 1.6 billion reais.
