EDF raises debt for wind farm in Brazil

EDF raises debt for wind farm in Brazil

Debenture Debt Capital Markets Fixed Income Project & Infrastructure Finance Energy Renewable Wind Brazil Europe Latin America

French electric utility EDF raised BRL140 million ($26.7 million) in the Brazilian bond market for a wind power project in the state of Bahia, according to the local capital markets association Anbima. The special purpose vehicle Folha Larga 1 sold the 18-month at the DI interbank lending rate plus 0.52% in a deal coordinated by BNP Paribas, according to Anbima. EDF started construction on the Folha Larga complex in 2019. It is scheduled to begin commercial operations for the first phase in the

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