Brazil’s Superintendency for the Development of the Northeast (Sudene) has authorised a BRL-78.4-million (USD 15.78m/EUR 14.48m) loan package for 128 MW of solar and wind energy projects in the Northeast region.
The Brazilian governmental agency said on Thursday the disbursement, which will come from Sudene’s northeast development fund, also known as FDNE, also benefits two transmission projects.
Specifically, the 48.2-MW Serra do Mel VSA solar park, owned by Voltalia, will receive BRL 9.4 million. A further BRL 38.72 million will be transferred for EDP Renovaveis Brasil’s Boqueirao I and II wind parks, with a combined capacity of 79.8 MW. These assets are located in Rio Grande do Norte state.
In addition, BRL 23.7 million of the loan is granted for the implementation of electricity transmission lines in several municipalities in the state of Paraíba. Local firms Sterlite Power Brasil is in charge of the transmission projects.
The last BRL 6.47 million of the loan goes to MEZ Energia for its transmission project in Olindina, Bahia state.
(BRL 1.0 = USD 0.212/EUR 0.197)
