Volkswagen Vento (A3)

Essentia Energia, A Patria Investments Company, Announces The Beginning Of Sol do Sertao Solar Power Plant Operations

Retrieved on: 
Thursday, October 21, 2021

SO PAULO, Oct. 21, 2021 /PRNewswire/ -- Patria Investments, a global alternative asset manager and leader in the sector in Latin America, announces the beginning of operations of Sol do Sertao Photovoltaic Complex (or Sol do Sertao Solar Power Plant), in Oliveira dos Brejinhos (Bahia State, Brazil), 300 miles from the State capital, Salvador.

Key Points: 
  • SO PAULO, Oct. 21, 2021 /PRNewswire/ -- Patria Investments, a global alternative asset manager and leader in the sector in Latin America, announces the beginning of operations of Sol do Sertao Photovoltaic Complex (or Sol do Sertao Solar Power Plant), in Oliveira dos Brejinhos (Bahia State, Brazil), 300 miles from the State capital, Salvador.
  • The Sol do Sertao plant was the largest project finance structured by Brazil's development bank, BNDES, for a solar project up to its signing in October 2020, of R$ 910 million ($167 million).
  • "The beginning of Sol do Sertao's operations is an important milestone for Essentia.
  • The company operates in the generation and trading of renewable energy, with a focus on solar and wind power.