September 22, 2021
Brazilian energy company Energisa said it has borrowed BRL166 million ($31.4 million) from national development bank BNDES to build transmission lines in the states of Tocantins and Bahia, according to a securities filing.
The 20-year loan charges the IPCA consumer price index plus 4.9% and comes with a three-year grace period. It covers 25% of the estimated costs for the BRL660 million project, Energisa said in the filing on Monday.
The project involves transmission lines that will supply 390 M
Brazilian energy company gets a $31 mln loan to build power lines in Tocantins and Bahia