Enel secures Proparco loan

Enel secures Proparco loan

Debt Loans Project & Infrastructure Finance Renewable Brazil

Enel Green Power has secured €90m ($106.3m) from French development bank Proparco for the Ituverava photovoltaic solar plant in Brazil. According to a statement from a law firm involved in the transaction, Ituverava will feature a 254 MW installed capacity. When operational, the Bahia state plant will be the second-largest solar power facility in South America, generating up to 550 GW/h per year. The Italian power company, through its renewable energy subsidiary, was advised by Souza Cescon, whi

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