Chesf, a unit of Brazil’s state-run power utility, will receive 1.2 billion reais ($516 million) in loans from development bank BNDES to upgrade its electricity grid and build power lines in the northeast.
Bahia’s state water company Embasa is planning the first stage of modernization works in northeastern Brazil to boost supplies to 28 municipalities, BNAmericas said, citing a statement from the utility.
Brazil awarded a contract to build an $11 billion hydroelectric dam in the Amazon to a group led by a state-run utility, ignoring criticism by environmentalists, “Avatar” director James Cameron and construction firms.
Cia. Hidro Eletrica do Sao Francisco, a unit of state-controlled power utility Centrais Eletricas Brasileiras SA, plans to build four plants that generate electricity from biogas as part of a 45 million-real ($23 million) research project.
Cia. Hidro Eletrica do Sao Francisco, a unit of Brazil’s state-controlled power company Centrais Eletricas Brasileiras SA, has started producing power from its first wind farms two months behind schedule.
Cyrela Commercial Properties SA Empreendimentos e Participacoes, Brookfield Incorporacoes SA, Triangulo do Sol Auto-Estradas SA and Cia. Energetica de Minas Gerais are among issuers that plan to sell bonds in Brazil’s debt markets.