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Cutia Wind Farm

Sector: Wind • Location: Brazil

Source: World Bank Group

Project
Active

The project entails the construction of the 23.1 MW Cutia Wind Farm part of the Cutia Wind Complex. SPV is UEE Cutia S.A., a wholly owned subsidiary of the sponsor Copel that covers 69 % of the total cost ($ 25.45 million) while the rest ($ 11.43 million) is provided as debt by BNDES. The concession period is 28 years and was awarded to the company at the 6th LER auction in Brazil. Financial close

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Project Information

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The project “Cutia Wind Farm” is an infrastructure initiative in the Wind sector, located in Brazil. Taiyo aggregates data on it from World Bank Group.

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Description

Description

The project entails the construction of the 23.1 MW Cutia Wind Farm part of the Cutia Wind Complex. SPV is UEE Cutia S.A., a wholly owned subsidiary of the sponsor Copel that covers 69 % of the total cost ($ 25.45 million) while the rest ($ 11.43 million) is provided as debt by BNDES. The concession period is 28 years and was awarded to the company at the 6th LER auction in Brazil. Financial close took place on September 28, 2018. Construction was completed on September 20, 2019. https://www.terra.com.br/economia/copel-bndes-aprova-financiamento-para-empreendimento-eolico-cutia,5c93b5a8acc20479b9494fbe5496bc67hpuhf5g8.html https://sec.report/Document/0001292814-18-001238, https://renewablesnow.com/news/brazils-copel-starts-test-operations-at-181-mw-wind-farm-627419/

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Source reliability

High

Data quality score

100%

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