The BNDES is receiving proposals in answer to the public call-for-managers (two) of Share Investment Funds for companies with annual net revenue up to R$ 150 million, focused on innovation. The BNDES’ participation may reach up to 35% of the committed capital in each fund.

The BNDESPAR has filed a request to register the Public Offering of shares of the ECOO11 Fund — iShares Carbon Efficient Index (ICO2) Brazil – Index Fund at the Securities and Exchange Commission (CVM). The initial amount of the operation, designed for both individual and institutional investors, will be R$ 1.5 billion, which may be increased by up to 35% depending on demand.

The board of directors of the BNDES approved R$ 358 million in financing for the construction of four wind farms in the state of Ceará. The projects comprise the Trairi Project, which will have a total installed capacity of 115.4 MW and will begin operations in January 2013.

The memorandum formalizes the interest of both institutions in establishing a joint cooperation initiative which aims to provide financial support for projects of Brazilian and Japanese interest to be developed in other countries, with a special focus on projects in Africa, Latin America and the Caribbean.