GNA raises $350m to refinance Acu power plant

Gas Natural Acu (GNA) has raised BRL1.8 billion ($350 million) for its first infrastructure debenture issue. Proceeds will refinance the 1,338MW GNA I gas-fired power plant at Acu port, Rio de Janeiro state. The 18-year debentures with interest at 5.92% extend debt by almost five years at a lower...