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Kairos I Wind Farm

Sector: Wind • Location: Brazil

Source: World Bank Group

Project
Active

The project involves the construction of Kairos I wind farm, located in the state of Ceara, Brazil. This is the first stage of the Kairos wind complex, which will have a total installed capacity of 261MW once completed. The project sponsor, Sao Paulo based company 2W Energia, signed a $29.6m (R$147m) debt package with regional development bank Banco do Nordeste do Brasil to fully finance the 36 wi

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The project “Kairos I 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 involves the construction of Kairos I wind farm, located in the state of Ceara, Brazil. This is the first stage of the Kairos wind complex, which will have a total installed capacity of 261MW once completed. The project sponsor, Sao Paulo based company 2W Energia, signed a $29.6m (R$147m) debt package with regional development bank Banco do Nordeste do Brasil to fully finance the 36 wind farm. The 24-year debt has a 2-year grace period before first repayment and is priced at IPCA plus 3.7423%. Construction is slated to begin in June 2022 and the project is expected to be operational in May 2023. Financial close was achieved on 29 April, 2022. Realfin https://www.ijglobal.com/articles/164138/2w-finances-brazilian-wind

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