Banco Nacional de Desenvolvimento Econômico e Social (BNDES) or the National Development Bank of Brazil has approved a BRL1.2 billion loan to federal power utility Companhia Hidro Eletrica do Sao Francisco (Chesf), a subsidiary of Centrais Eletricas Brasileiras S.A. (Eletrobras) to strengthen its power network, especially for the upcoming wind farms on Bahia, Ceará and Rio Grande do Norte.

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