Back to Search
Start Over
EDF issues debentures for wind expansion in Brazil.
- Source :
- IJGlobal; 7/1/2024, pN.PAG-N.PAG, 1p
- Publication Year :
- 2024
-
Abstract
- EDF Renewables has issued debentures worth R$440 million ($82m) to fund the expansion of the Serra do Seridó wind complex in Brazil. The debentures have been given a rating of AA+ by Fitch and will mature in April 2042. The Serra do Seridó 2 complex, located in Paraíba, will have an installed capacity of 237.5MW, increasing the complex's total capacity to 480MW. EDF Renewables has also secured a R$330 million loan from Banco do Nordeste to finance the second phase of the project. BTG Pactual acted as the lead coordinator for the issuance. [Extracted from the article]
- Subjects :
- BONDS (Finance)
POWER purchase agreements
Subjects
Details
- Language :
- English
- ISSN :
- 20554842
- Database :
- Complementary Index
- Journal :
- IJGlobal
- Publication Type :
- Periodical
- Accession number :
- 178189586