Brazil's Superintendency for the Development of the Northeast (Sudene) has approved a BRL 83.8 million (USD 16.9 million/EUR 15.6 million) loan to support the financing of a 34.8-MW wind power project by domestic energy firm Serena Energia SA, formerly known as Omega Energia.
The funding will be utilized for the construction of the wind park located in the northeastern state of Bahia, as announced by Sudene on Thursday. The financial support is derived from Sudene's Northeast Development Fund (FDNE), with a total commitment of BRL 122.7 million for the project. The wind park, featuring six turbines, requires a total investment of BRL 207.6 million.
Sudene stated that the new wind plant will be integrated into the Assurua Wind Complex. FDNE has already granted loans for three other wind parks within the complex.
As per Serena's website, the Assurua complex boasts a total capacity of 808 MW, comprising 15 wind parks with 240 wind turbines in total. The approved loan aligns with Brazil's ongoing efforts to expand its renewable energy capacity and further integrate wind power into its energy mix.