BNDES supports spot market with solar financing

BNDES supports spot market with solar financing

Loans ESG Renewable Solar Project & Infrastructure Finance Energy Solar Debt Brazil

Brazil's national development bank BNDES plans to support the spot market for electricity by financing the largest solar power complex in Latin America, Carla Primavera, head of the energy division at the development bank, told LatinFinance on Thursday. "Our expansion in renewable energy will intensify," she said. "But the current move is also part of a strategic expansion towards the so-called free market." The free market, or spot market, refers to electricity that is not sold in government-re

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