BNDES funding VTRM wind projects
BNDES is providing a BRL1.62 billion ($320 million) loan to VTRM Energia Participacoes (VTRM) – a joint venture between Votorantim Energia and Canadian fund CPP Investments – to part finance development of 10 wind projects totalling 409.2MWs of capacity. The debt will be spread across 10...