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BNDES Grants BRL 600 Million Loan for Irapuru Solar Complex in Brazil

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Credit: Unsplash/APPA

The Brazilian Development Bank (BNDES) has approved a BRL 600 million (USD 110.7 million/EUR 100 million) loan to support the construction of the 422-MWp Irapuru Solar Complex. The financing will be used by Irapuru Holding SA, a vehicle company, to further develop the project, which forms part of the broader Janauba Solar Complex in Minas

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