Brazil National Development Bank (BNDES)

Company description

The Brazilian Development Bank, also known as Banco Nacional de Desenvolvimento Econômico e Social (BNDES) is a federal public company associated with the Ministry of Development, Industry, and Trade. Together with its subsidiaries, it provides long term financing services primarily in Brazil. It finances cattle-raising and agriculture projects; social and urban development projects; industrial sector projects; infrastructure projects, such as electricity, communications, urban public transport, and sanitation; investment projects associated with building skills and innovative environments; and social and environmental development projects. The company also provides financial tools, including application of non-reimbursable funds in artistic/cultural collections and projects for the preservation of Brazilian historical heritage.

Company details

City:
Rio de Janeiro
Address:
Avenida República do Chile, 100 Rio de Janeiro, RJ 20031-917 Brazil
Website:

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • May 25, 2022

    Casa dos Ventos issues BRL49 million for the 534 MW Rio do Vento wind project in Rio Grande do Norte

    Casa dos Ventos has issued a BRL430 million (US$88.11 million) in green bonds to finance the expansion of the 534 MW Rio do Vento wind project in Rio Grande do Norte, Brazil. The wind complex has an i...

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  • January 05, 2022

    Vestas to supply turbines for the 113 MW Kairos wind project in Icapuí

    Vestas has signed an agreement with 2W Energia for the 113 MW Kairos project, located in the municipality of Icapuí in the state of Ceará, Brazil.  The order includes 25 V150-4.5 M...

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  • December 13, 2021

    BNDES approves financing for 434 MW Santo Agostinho wind complex in Rio Grande do Norte

    The National Bank for Economic and Social Development (BNDES) has announced that it will support the implementation of the 434 MW Santo Agostinho Wind Farm located in the Rio Grande do Norte, Brazil.&...

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  • October 25, 2021

    Commercial operation starts for 475 MW solar project in Brazil

    Patria Investments has announced the beginning of operations of 475 MW Sol do Sertao solar complex located in Oliveira dos Brejinhos, Bahia State, Brazil.

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  • July 30, 2021

    BNDES to finance 68 MW solar project in Curral Novo

    Brazil's National Development Bank (BNDES) will support the construction of 68 MW of solar project through a loan of BRL189.9 million (US$36.7 million), which corresponds to 80% of the total project c...

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  • June 10, 2021

    BNDES approves BRL216.7mn loan financing for 63 MW Santa Martina 9 wind project

    Brazil's National Development Bank (BNDES) has granted the BRL216.7 million (US$41.5 million) loan of Casa dos Ventos Energias Renováveis for the development of a 63 MW wind project that is par...

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  • February 09, 2021

    BNDES supports BRL941.6 million for the 40 MW UTE Sao Martinho Bioenergia project in Pradopolis

    Brazil's National Development Bank (BNDES) has approved funding of BRL941.6 million (US$175.32 million) to support Sao Martinho SA for the development of the 40 MW UTE Sao Martinho Bioenergia pro...

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  • December 21, 2020

    BNDES approves sale of 583 MW wind power portfolio from Eletrobras

    The Brazilian Development Bank (BNDES) has approved the sale of the equity shares in the 583 MW wind power portfolio located in Brazil to energy developer Omega Geracao. The deal includes&nb...

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  • December 14, 2020

    BNDES lends BRL568mn for Jerusalem wind complex expansion

    Brazilian development bank, Banco Nacional de Desenvolvimento Econômico e Social (BNDES), has approved the BRL568 million (US$107 million) loan for the EDP Renovaveis (EDPR) to expand the d...

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  • November 17, 2020

    Neoenergia starts the construction of the 566.5 MW Oitis wind farm complex in Piaui and Bahia

    Neoenergia SA has started the construction of its 566.5 MW Oitis wind complex located in Casa Nova town, Bahia state, Brazil. Oitis wind complex is made up of 12 wind parks and consists of about 103...

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