Brazil’s BNDES is set to invest $4.1 billion in infrastructure this year, representing a 66% increase from 2022. The primary funding method is buying local company debt. Deputy Director Felipe Borim Villen aims to attract private investors to infrastructure bonds. This will increase the bank’s financial reach. So far, BNDES has allocated as much infrastructure […]
Related Posts
Iberia Boosts Brazil Operations by 41%, Targets Growth
Iberia is zooming in on Brazil, planning to increase flights by 41%. Marina Colunga leads a key strategy meeting in São Paulo. The team, from Brazil, Latin America, and Spain, aims to craft future market plans. They want more flights to Rio and São Paulo, all heading to Madrid. This move seeks to boost Iberia’s […]
China Invests Heavily in Brazilian Renewable Energy Sector
China’s State Power Investment Corporation announced a R$780 million ($147.41 million) investment in two new Brazilian wind farms. Located in Rio Grande do Norte, these wind farms will provide 105.4 megawatts (MW) of power. Construction is set to begin in January 2025, with operations starting the following year. SPIC is also making waves in the […]