News
25 January 2023

SPIC Brasil secures $54m BNB loan for wind complex

In:
Renewables
Region:
Americas

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...

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