Engie ensures financing for new wind energy projects in Brazil

GO ECO GREEN21

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ENEGIA LIMPAI XXI. ENGIE has approved a further financing agreement with the Brazilian Development Bank (BNDES). This time for a renewable power generation project – the Campo Largo Wind Complex – Phase 2, located in the state of Bahia in the municipalities of Umburana and Santo Sé. In March, the company had already secured another project, Gralha Azul, with the bank for energy transmission over approximately a thousand kilometers in the state of Paraná. The two agreements are worth R$ 2.7 billion and were both reached entirely on a digital basis with ICP-Brasil certification in the midst of the Covid 19 pandemic, a pioneering initiative by the parties involved.

“Both agreements reflect teamwork by several areas of ENGIE and the BNDES, which in a spirit of commitment and delivery, successfully concluded two important lines of finance”, explains ENGIE Brasil Energia’s chief executive officer, Eduardo Sattamini…

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