Ventos de Santa Justina Energias Renovaveis

Babilonia Sul Wind Complex - Financing

Borrower (s)
Industry
Renewables/Onshore wind
Area of finance
Project & Infrastructure Finance
Region
Latin America
Countries
Brazil

Deal Overview

The Brazilian governmental agency Sudene (Superintendency for the Development of the Northeast) has authorised a BRL20.8 million ($4.2 million) loan package for two wind parks part of the 360MW Babilonia Sul wind complex. The disbursement, which will come from Sudene's Northeast Development...

show more

The Brazilian governmental agency Sudene (Superintendency for the Development of the Northeast) has authorised a BRL20.8 million ($4.2 million) loan package for two wind parks part of the 360MW Babilonia Sul wind complex. 

The disbursement, which will come from Sudene's Northeast Development Fund, also known as FDNE, is the third instalment of the total BRL388.3 million financing. 

Located in the north-eastern state of Bahia, Babilonia Sul consists of 80 wind turbines in total and is owned by Brazilian developer Casa dos Ventos Energias Renovaveis. Already 100% commissioned, the wind complex supplies clean energy to US-based agricultural processor Archer Daniels Midland, local manufacturer and recycler of rigid and flexible plastic Valgroup, petrochemical company Unigel.

show less
Deal Volume
$4.27m
Financial Close
21 September 2023

All Dealmakers

None yet provided
Tag yourself

Tranches


To view all tranche and pricing information, please sign up or log in

Projects

Ventos de Santa Justina Onshore Wind Farm (Babilônia Sul) Project

Greenfield
Onshore wind
Latin America
Brazil
$69.05m

Ventos de São Joaquim Onshore Wind Farm (Babilônia Sul) Project

Greenfield
Onshore wind
Latin America
Brazil
$69.03m