Irece Solar

161 MW Bahia PV Solar Project - BNDES Financing

Borrower(s)
Irece Solar
Industry
Renewables/PV solar
Area of finance
Project & Infrastructure Finance
Region
Latin America
Latin America
Countries
Brazil

Deal Overview

The joint venture comprising Acelen, Perfin Infra Administracao de Recursos, and Illian Energias Renovaveis secured a non-recourse project finance loan of $78 million to fund the development of a 161MW solar power project in Bahia, Brazil, aimed at meeting the Mataripe Refinery's electricity...

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Deal Volume
$78.03m
Financial Close
21/08/2024
Dealmakers
Sources
Submitted by participant(s)

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Project Deals

161 MW Bahia PV Solar Project
$117.05m
Greenfield
PV solar
Latin America
Latin America
Brazil