Interest subsidized loan (ZSD) Open program 4E (Eletrobras)

completed

FC development loan (low-interest loan) Open program 4E (Eletrobras), up to EUR 100 million or the equivalent in USD. The project is a loan program with the Brazilian development bank CAIXA. The funds are to be passed on to subsidiaries of Eletrobras Holding or to project companies in which the subsidiaries have a stake and used by them to finance generation capacities from renewable energies (small hydroelectric power plants, wind farms, solar systems, etc.) or for energy efficiency measures. The latter can also include rehabilitation measures for existing hydroelectric and thermal power plants and the modernization of transmission lines. The program is intended to contribute to efficient and ecologically compatible power generation in Brazil (program objective). This is also intended to make a contribution to environmental protection and global climate protection as well as energy security (overall objective). A FC development loan (low-interest loan) of up to EUR 100 million (or USD equivalent) and an own contribution of at least EUR 20 million from the final borrowers are intended to finance total investments of up to EUR 120 million.