Boa Sorte financing closed

Sponsors of the 438MW Boa Sorte solar PV project – GIP (60%), Norsk Hydro subsidiary Hydro Rein (30%) and Albras (10%) – have reached financial close on a $210 million 22-year term loan from BNDES to fund the project. The deal is BNDES' first dollar index-linked loan for a renewables...