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EDF issues debentures for wind expansion in Brazil.

Authors :
Publie, Alix
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]

Details

Language :
English
ISSN :
20554842
Database :
Complementary Index
Journal :
IJGlobal
Publication Type :
Periodical
Accession number :
178189586