ANNOUNCED AS TEMPORARYNo
On 7 May 2018, the BNDES and the NDB announced the joint disbursement of USD 67.3 million to finance the construction of six wind farms located in the states of Piauí and Pernambuco. The new parks are part of the Araripe 3 Wind Farm Complex, developed by Casa dos Ventos Group. In total, the project is composed of 14 farms located in various regions which in total are expected to have an installed capacity of 358 megawatts.
This joint investment is the first result of a USD 300 million agreement signed by the two development banks that has the objective to support investments in wind, solar, hydroelectric and biomass.
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