Multilaterals Shell out Big for Wind

Multilaterals Shell out Big for Wind

Bonds Structured Finance

The BNDES and the IDB have announced credit lines totaling $580m to support separate wind power initiatives in Brazil and Mexico. In Brazil, IMPSA Wind, the wind generation equipment unit of Argentina’s IMPSA, has been granted a BRL838m credit line to help it supply equipment for 10 new wind farms in the state of Santa Catarina, according to the Brazilian development bank. The projects, worth a total BRL1.2bn, will produce some 222MW of power. The IDB also unveiled yesterday a $101m commitment t

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