Developers of three wind farms in Brazil received approval to issue bonds to support the projects.
BloombergDevelopers of three wind farms in Brazil received approval to issue bonds to support the projects.
The country’s Energy Ministry authorized the financing for the 29.7-megawatt Ventos de Santa Brigida VII wind project in Pernambuco state and the 49-megawatt Ventos de Santo Augusto I and II projects in Piaui state, according to the official gazette today.
The government authorized Brazilian ethanol makers last week to sell tax-free bonds in an effort to make the industry more attractive to investors.
Press officials for Ventos de Santa Brigida SA and Ventos de Santo Augusto AS couldn’t be reached.
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