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Elektro SLL

Sector: Power Transmission • Location: Brazil

Source: International Finance Corporation (IFC)

Project
Active

The proposed financing consists of an 8-year BRL 800 million green + sustainability-linked loan to Elektro Redes S.A. (“Neoenergia Elektro” or the Company”). The proceeds will fund a portion of Elektro’s 2023-2025 capex plan, including network enhancements, automation, and network expansion projects (the “Project”), excluding transmission lines. Neoenergia Elektro is the thirteenth-largest energy

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Project Information

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The project “Elektro SLL” is an infrastructure initiative in the Power Transmission sector, located in Brazil. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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active

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Description

Description

The proposed financing consists of an 8-year BRL 800 million green + sustainability-linked loan to Elektro Redes S.A. (“Neoenergia Elektro” or the Company”). The proceeds will fund a portion of Elektro’s 2023-2025 capex plan, including network enhancements, automation, and network expansion projects (the “Project”), excluding transmission lines. Neoenergia Elektro is the thirteenth-largest energy distributor in Brazil in terms of number of clients and has a 3.5% share of the national energy market in Brazil. It operates a concession area of 120,000km² with more than 2.8 million customers in 2022 (c.6 million inhabitants) in the States of Sao Paulo and Mato Grosso do Sul.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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