Member's Documents
Renewable Energy Projects and Associated Transmission
Published by: Independent Evaluation Office, New Development Bank
This project was selected for evaluation also considering that it was the first non-sovereign operation financed by the Bank, an operation of USD 600 million, which included a USD 300 million loan by the NDB. It was approved by the Board in April 2016 with the objective to ensure a reliable and sufficient electricity supply to meet Brazil’s future demand while expanding capacity through renewable energy sources. The Brazilian Development Bank (BNDES) was the co-financer of the project and responsible for its overall implementation.
