January 9, 2017 |
Brazil's Casa dos Ventos has asked the IFC to help finance a BRL1.8bn ($559m) wind power project in the northeastern states of Piaui and Pernambuco.
"IFC is considering a potential investment to finance the construction of the project alongside debt financing to be provided by the Brazilian national development bank BNDES in partnership with commercial banks plus equity from the sponsor," the IFC said in a summary of the proposed investment on its website.
BNDES recently arranged BRL1.04bn in fi
Brazilian developer requests additional funding for the $560m Araripe III project