Brazil National Development Bank (BNDES)

Company description

The Brazilian Development Bank, also known as Banco Nacional de Desenvolvimento Econômico e Social (BNDES) is a federal public company associated with the Ministry of Development, Industry, and Trade. Together with its subsidiaries, it provides long-term financing services primarily in Brazil. It finances cattle-raising and agriculture projects; social and urban development projects; industrial sector projects; infrastructure projects, such as electricity, communications, urban public transport, and sanitation; investment projects associated with building skills and innovative environments; and social and environmental development projects. The company also provides financial tools, including the application of non-reimbursable funds in artistic/cultural collections and projects to preserve Brazilian historical heritage.

Company details

City:
Rio de Janeiro
Address:
Avenida República do Chile, 100 Rio de Janeiro, RJ 20031-917 Brazil

Participation in projects

Projects Transactions
List of the updates in which the company was involved

Company updates

  • April 10, 2024

    Plan and resources approved for New Climate Fund

    The new Brazilian Climate Fund (National Fund on Climate Change), the Federal Government's main green development instrument, is ready to receive proposals. The fund's Management Committee approved t...

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  • February 14, 2024

    US$ 201 million fund launched for investments in strategic mineral projects for energy transition

    The National Bank for Economic and Social Development (BNDES) and the Ministry of Mines and Energy (MME) have launched a BRL 1 billion (US$201 million) fund for investments in strategic mineral p...

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  • November 10, 2023

    Financing close announced for 630 MW Combined cycle gas turbine Power plant in Brazil

    New Fortress Energy (NFE) has signed agreements to secure up to US$575 million in financing to complete the construction of its 630 MW Barcarena power plant in Brazil.

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  • August 30, 2023

    Brazil relaunched USD2.05 billion Climate Fund

    The National Bank for Economic and Social Development (BNDES) and the Ministry of the Environment and Climate Change (MMA) relaunched the National Fund on Climate Change.

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  • April 18, 2023

    BNDES, CDB sign US$1.3bn for Brazilian infrastructure and green economy

    BNDES has agreed to partner with the China Development Bank, signing a joint deal to raise up to US$1.3 billion towards financing various infrastructure, energy, oil and gas, mining, and sanitation pr...

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  • May 25, 2022

    Casa dos Ventos issues BRL49 million for the 534 MW Rio do Vento wind project in Rio Grande do Norte

    Casa dos Ventos has issued a BRL430 million (US$88.11 million) in green bonds to finance the expansion of the 534 MW Rio do Vento wind project in Rio Grande do Norte, Brazil. The wind complex has an i...

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  • January 05, 2022

    Vestas to supply turbines for the 113 MW Kairos wind project in Icapuí

    Vestas has signed an agreement with 2W Energia for the 113 MW Kairos project, located in the municipality of Icapuí in the state of Ceará, Brazil.  The order includes 25 V150-4.5 M...

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  • December 13, 2021

    BNDES approves financing for 434 MW Santo Agostinho wind complex in Rio Grande do Norte

    The National Bank for Economic and Social Development (BNDES) has announced that it will support the implementation of the 434 MW Santo Agostinho Wind Farm located in the Rio Grande do Norte, Brazil.&...

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  • October 25, 2021

    Commercial operation starts for 475 MW solar project in Brazil

    Patria Investments has announced the beginning of operations of 475 MW Sol do Sertao solar complex located in Oliveira dos Brejinhos, Bahia State, Brazil.

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  • July 30, 2021

    BNDES to finance 68 MW solar project in Curral Novo

    Brazil's National Development Bank (BNDES) will support the construction of 68 MW of solar project through a loan of BRL189.9 million (US$36.7 million), which corresponds to 80% of the total project c...

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