IFC ponders Brazilian thermal loan

IFC ponders Brazilian thermal loan

Project & Infrastructure Finance Brazil Loans

The IFC said it is assessing lending up to $200m to CELSE, Centrais Eletricas de Sergipe, for an LNG-to-power project in Brazil.Total project cost is roughly $1.8bn and CELSE is expected to make up to 80% of this in project debt. It comprises a 1,516 MW gas-fired combined cycle (CCGT) thermal power plant, a 170,000m3 floating storage and regasification unit (FSRU), a 14m m3/day LNG regasification plan and associated infrastructure.GE Electric won an order exceeding $900m last year to supply

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