February 20 (Renewables Now) - The Brazilian Ministry of Mines and Energy has allowed four renewable energy projects with a combined capacity of 66.25 MW to issue infrastructure debentures.
With the permits, the schemes -- one wind and three small hydropower plants (HPPs) -- now have the status of priority projects, which is needed to speed up their implementation, according to decrees published by national power sector regulator Aneel.
More details on the projects are available in the table below.
|Name||Capacity||State||Expected completion date|
|EOL Mundo Novo V||24.25 MW||Rio Grande do Norte||July 2021|
|PCH Sao Bartolomeu||12 MW||Goias||November 2021|
|PCH Gameleira||14 MW||Goias||May 2021|
|PCH Salgado||16 MW||Goias||May 2022|
The HPPs and wind farm are owned by Sao Bartolomeu Geradora de Energia Renovavel SA and Pro Bioenergia Empreendimentos SA, respectively.
These special purpose entities (SPEs) are held by Fundo de Investimento em Participacoes Multiestrategia Pirineus and Fundo de Investimento em Participacoes em Infraestrutura Prosperidade.