BNDES Loans for Hydro Transmission

BNDES Loans for Hydro Transmission

Brazil Loans

BNDES has approved a BRL1.05bn ($512m) 16-year loan for Norte Brasil Transmissora de Energia, a special purporse entity of Abengoa, Eletronorte and Eletrosul. The proceeds will fund the construction of a power transmission line at Porto Velho-Araraqu

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