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    Eneva Secures BRL300mn Loan For Construction Of 870MWp Solar PV Project In Brazil


    August 3, 2022 - Fitch Solutions Sector Intelligence

     

      THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings' Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources. Fitch Ratings analysts do not share data or information with Fitch Solutions Country Risk & Industry Research.

      Eneva Secures BRL300mn Loan For Construction Of 870MWp Solar PV Project In Brazil

      • 03 Aug 2022
      • Brazil
      • Infrastructure

      News: Eneva has secured a BRL300.0mn (USD56.8mn) loan from Banco do Nordeste do Brasil for the construction of solar photovoltaic (PV) project in the Brazilian state of Bahia. The loan has a term of 24-year with an 18-month grace period. Called Futura 1, the PV project will have capacity of 870MWp. The PV farm is slated to start commercial operation in Q422 (Renewables Now).

      This report from Fitch Solutions Country Risk & Industry Research is a product of Fitch Solutions Group Ltd, UK Company registration number 08789939 ('FSG'). FSG is an affiliate of Fitch Ratings Inc. ('Fitch Ratings'). FSG is solely responsible for the content of this report, without any input from Fitch Ratings.

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