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 to Mexican projects that will help finance 2 clean electricity projects with loans. The facilities are expected to total 318MW, and will be made in conjunction with other credits from private sector lenders. One project, the 250MW Eurus Wind Farm being developed by the local unit of Spain’s Acciona Energia, is the largest project to date in LatAm, claims the IDB, which has earmarked $50m for the initiative.