Brazilian state-owned Banco Nacional de Desenvolvimento Econômico e Social (BNDES) or the National Bank for Economic and Social Development has granted a loan of BRL1.76 billion to Chimarrao Transmissora de Energia, a special purpose vehicle (SPE) formed by Cymi Construções e Participações—a member of the Spanish group ACS, and the equity investment fund Brasil Energia—a member of the Canadian group Brookfield, to connect wind projects in the country's south to the grid.
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