News
20 January 2021

BNDES signs $177m funding for 40MW biomass power plant in Brazil

In:
Renewables
Region:
Americas

Brazilian development bank BNDES has approved financing of BRL941.6 million ($177 million) for the construction of a 40MW biomass power plant and several upgrades planned by Grupo Sao Martinho.Named UTE Sao Martinho Bioenergia, the plant in the municipality of Pradopolis, Sao Paulo state, will use...

Exclusive subscriber content…

If you are a Proximo subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to Proximo Intelligence contact us

Request Access

You might also like


Perspective
28 November 2025

Sizewell C: Adapting RAB to new nuclear

New nuclear’s construction risk and development timelines have made it difficult to bank – until now. The RAB revenue model means that Sizewell C’s funding package includes an...

Perspective
05 December 2025

Can Brazilian water keep delivering for private capital?

The liberalisation of Brazil’s water sector in 2020 has delivered on its promise of multi-sourced private investment. Will 2026 keep up the momentum?