SPIC Brasil secures $54m BNB loan for wind complex
SPIC Brasil has secured BRL282 million ($54 million) in financing for a 105MW wind complex in northeastern Brazil.The 24-year loan was agreed with Brazilian bank Banco do Nordeste do Brasil SA (BNB) at a cost of the National Consumer Price Index (IPCA) plus 3.68% per annum.Proceeds will fund the...