Energy Distribution Network Expansion in Bahia

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"This project focuses on expanding the energy distribution network in Bahia, Brazil, as part of the National Government's Light for All program. The initiative, led by Neoenergia, will involve installing 10,200 electricity connections in the largest rural areas of Bahia. It aims to benefit 118,000 people in low-income communities and indigenous populations by electrifying schools, daycare centers, health facilities, and hospitals. The total project cost is $208.2 million (R$1.2 billion), fully funded by Neoenergia. Financial close is scheduled for July 1, 2024." https://www.neoenergia.com/en/w/neoenergia-luz-para-todos-bahia ; https://www.powerfinancerisk.com/article/2dg1ifus8hqzbunwe9hq8/news/project-finance/neoenergia-to-invest-211m-in-bahia-distribution-networks ; https://www.neoenergia.com/en/w/neoenergia-luz-para-todos-bahia ; https://x.realfin.com/transaction/268579/coelba-bahia-distribution-network-expansion-2024