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    2W Energia Secures Financing For Portion Of 261MW Wind Complex In Brazil


    August 4, 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.

      2W Energia Secures Financing For Portion Of 261MW Wind Complex In Brazil

      • 04 Aug 2022
      • Brazil
      • Infrastructure

      News: 2W Energia has signed new long-term financing agreements to support the construction of 76.5MW portion of the 261MW Kairos wind complex in Brazil. Under the agreement, Banco do Nordeste do Brasil (BNB) has agreed to provide BRL275mn (USD52.8mn) loan to Kairos Wind 2 Energia and Kairos Wind 6 Energia. The complex will be located on 110sq km off the coast of Ceara state and will feature five wind farms. Commercial operation of the complex is scheduled to start in 2023 (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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