Home / Daily Briefs / 2022 / 24 / Comerc prices debenture deal

Comerc prices debenture deal

Comerc prices debenture deal

June 24, 2022 | Thierry Ogier
Brazilian renewable energy company raises $153 mln for a solar project in the state of São Paulo

Corporate & Sovereign Strategy Debenture Brazil Capital Markets Electricity Technology Energy ESG Renewable Solar

Brazilian renewable energy company Comerc Energia has priced BRL800 million ($153 million) in 2024 debentures at the DI interbank lending rate plus 2%, according to a securities filing. Comerc issued the debentures to fund investments in the Castilho solar power project in the state of São Paulo, it said in the filing on Wednesday. The 270 MWp project is expected to start operations next year, Comerc added. Ares 2 Participações, a subsidiary of Comerc, agreed in May to spend BRL200 million to ac

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