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8.19.08
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BNDES approves R$ 540 m financing for two power plants (GO)
BNDES will build two power plants in the total amount of R$ 540 m, in Goiás. The Bank’s support will allow total investments of R$ 749 m, creating 3,200 direct and indirect employment opportunities during the works.
Both projects, Rio Verde Energia S/A (Salto Power Plant) and Rio Verdinho Energia S/A (Salto do Rio Verdinho), are included in the Growth Acceleration Program (PAC) and will amount to 201 MW of installed power and an average of 122 MW of power assured to the Brazilian Interconnected System.
Both financing arrangements are granted to Rio Verde Energia S/A and Rio Verdinho Energia S/A, two companies set up by Triunfo Participações e Investimentos S.A and CBA, which belongs to Grupo Votorantim, intended to invest in both power plants. The power plants will be built in Rio Verde, between the cities of Itarumã and Caçu (GO).
The funds approved for Salto Power Plant amount to R$ 290 m and correspond to 71.2% of total investments, R$ 406.7 m. Investments will also cover a 22.8 kilometer long transmission system. The construction of the power plant will create 800 direct and indirect jobs.
BNDES financing to Salto do Rio Verdinho Power Plant, of R$ 250 m, corresponds to 73% of the project’s total investment, of R$ 342.4 m. The works will call for 800 direct jobs and 1,600 thousand indirect jobs.
To the south of the state of Goiás, several electric power production projects will be developed. Altogether, these projects will produce around 1,600 MW in the forthcoming years. A 500 KW transmission line will be laid to distribute such power.
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