BNDES approves $39 mm for new wind farm

BNDES announced the approval of a financing in the amount of R$208 million ($39 mm) for the implementation of the Ventos de Santa Martina 14 wind farm in Rio Grande do Norte. According to the institution, the financial support stimulates the diversification of the Brazilian energy matrix through a clean and renewable source. The complex that spans three municipalities in the state will have a total installed capacity of 504 megawatts (MW).

Source: Agencia Brasil