Browsing Tag

BNB

Power

Aneel Approves Sobrado I Solar Plant Transfer of Control

Lívia Neves Oct 4, 2018

Sold in 2015 to investment funds, plant should start up by June 2019

Power

Total Eren: Commission Their First Solar Plant in Brazil

Lívia Neves Jul 19, 2018

The renewable energy unit of the French oil company subsidiary contracted all of its 140 MWp in auctions

Power

BNDES To Invest US$ 1.14 B in Wind Power in 2018

Lívia Neves Jul 11, 2018

Of the amount, US$ 435 M has already been spent and, if the projected amount is realized, there will be a decline of 36% compared to 2017

Power

BNB/BNDES Meet to Discuss Solar Energy Production

Lívia Neves Jul 2, 2018

The banks can only finance the purchase of domestically produced equipment, but now will discuss complete systems and components

Power

Equatorial Obtains Financing Worth US$ 290 M from BNB

marcosardenberg Jun 29, 2018

Value of the contract corresponds to just over 70% of the investment foreseen by Aneel for the Northeast transmission projects

Oil & Gas

Petrobras Makes Pre-payment of US$ 500 M

analuisaegues Jun 22, 2018

The operation was with the French bank Crédit Agricole CIB concomitant with the new withdrawal under better conditions

Power

BNDES To Extend Support to Power Plants in the Free Market

marcelofurtado Jun 8, 2018

The development bank is launching a financing model that is more compatible with short-term contracts and a new price projection methodology

Power

BNB Improves Energy Project Financing Conditions

Lívia Neves Jan 12, 2018

The president of Banco do Nordeste (BNB), Romildo Rolim announced an increase in the limit of financing for energy companies, going from 60% to now up to 80%. The announcement was made this week in São Paulo at an event for investors and…

Power

BNB Surpasses BNDES In Solar Loan Approvals

Lívia Neves Dec 18, 2017

In a year in which support for renewable energy projects were resumed, the regional bank sanctioned R$ 1.598 billion (US$ 485 M) for solar projects

From the Media

Oct 15, 2018 - Bloomberg

Brazil's Military Poised to Amass Power After Three-Decade Wait. Gen. Antonio Hamilton Mourao would be Brazil’s vice president. Gen. Augusto Heleno would be defense minister. And Gen. Oswald Ferreira is likely to run a new infrastructure ministry. If ex-Army Captain Jair Bolsonaro wins the runoff vote against the Workers’ Party’s Fernando Haddad on Oct. 28, he has promised to name as many as five generals to his cabinet, giving the security forces their biggest public role in decades. In addition, at least 38 former soldiers, police officers and firefighters rode the coattails of the former paratrooper to win election to congress Oct. 7. In 2014, only 14 veterans won.

Oct 15, 2018 - DevDiscourse

Brazilian far-right presidential front-runner Jair Bolsonaro’s top economic adviser said he favors selling off some of the power generation assets of utility company Eletrobras, raising new contradictions in the candidate's policy team. Shares of the company soared following the clear lead Bolsonaro took in Sunday's first-round vote, but then tumbled 13% on Wednesday when Bolsonaro said he would privatize transmission and distribution units but not generation. He previously promised to privatize some state-controlled companies. But in comments to reporters late on Friday, his economic guru Paulo Guedes gave a contradictory view, favoring selling Eletrobras generation rather than transmission assets.

Oct 15, 2018 - Renewables Now

Italy's Sebigas has been awarded a contract by Raizen-Geo to build a 17.5-MW biogas plant in Brazil. The facility, which according to Sebigas will be the largest biogas plant in the Americas, will be located in the city of Guariba in the state of Sao Paulo. It will be constructed near the second largest ethanol and sugar mill of Raizen, a company which is a joint venture between Brazil's Cosan SA Industria e Comercio and Royal Dutch Shell Plc. The plant will use vinasse, a by-product from ethanol production, to make biogas that will then be used to produce electricity, providing 17.5 MW of generation to the national grid.

Oct 15, 2018 - Seeking Alpha

France's Engie and Canadian pension fund Caisse de Depot et Placement du Quebec plan to offer as much as US$ 9B for Petrobras’s natural gas pipeline network, potentially US$ 1B more than their initial bid. Engie, whose initial US$ 8B bid including debt was the highest, is planning to raise its offer to ensure it prevails at a time when cheap credit is available to help finance the acquisition, according to the report. The 2,800-mile Transportadora Associada de Gas pipeline network spans 10 states in northeastern Brazil, and PBR wants to sell it as part of a wider push to sell US$ 21B in assets to reduce its debt; if completed, it would be the company’s biggest divestment ever.