The Brazilian Development Bank (BNDES) has approved R$ 679 million funding to the enterprise Atlantic Energias Renováveis S.A. for deployment of the Santa Vitória do Palmar Wind Power Complex, in Rio Grande do Sul. The project, budgeted at R$ 1.2 billion, is formed by twelve farms and their associated transmission systems, with installed capacity of 207 megawatts (MW), enough to serve about 400,000 homes or 1,200,000 inhabitants.

The first selection of Inova Mineral, initiative of the Brazilian Development Bank (BNDES) and of the Funding Authority for Studies and Projects (FINEP) to support projects of research, development and innovation in the area of mining and mineral processing, approved 24 business plans that totaled investments of R$ 737 million.

The Board of Directors of the Brazilian Development Bank (BNDES) decided today to establish a Commission of Internal Investigation to ascertain the facts laid out in the Petitions of the Federal Supreme Court (STF) 6738/2017 and 6740/2017, whose rapporteur is Minister Edson Fachin.

The Brazilian National Development Bank (BNDES) on Thursday, 2/14, published the detailed funding conditions for the concession of Lote Rodovia dos Calçados (Itaporanga-Franca) that will be bid by the Agência Reguladora de Serviços Públicos Delegados de Transporte do Estado de São Paulo (ARTESP), according to a public notice published on November 22nd, 2016.