Terms
- Announced
- 19 May 2025
- Instrument
- Debt
- Amount
- US$15.0mReported as R$80m
- Source
- re.green
Parties
- Project developer
- re.green
- Country
- Brazil
- Capital providers
Capital providers and the amount counted for each Party Role Amount Basis Fundo Clima (BNDES) Lender US$7.50m Estimated: an even share, 1 of 2 Bradesco Lender US$7.50m Estimated: an even share, 1 of 2
Carbon
- Pathway
- ARR (afforestation, reforestation, revegetation)
- Backed by offtakes from
- · signed before this financing
What happened
- US$ source-stated. Bradesco provided a guarantee letter - arranger-type role, not capital
Kumo note
- BNDES support for Brazilian projects is very strong, with lending as low as low single digits.
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