π Tender Overview
Project Number: 48043
Company Name: SOL AGORA GREEN ESG FUNDO DE INVESTIMENTO EM DIREITOS CREDITORIOS
Date SPI Disclosed: Apr 3, 2024
Country: Brazil
Region: South America
Projected Board Date: May 3, 2024
Environmental Category: FI-2
Status: Pending Approval
Department: Regional Industry FIG LAC & EUR
Industry: Infrastructure
Sector: Renewable through Financial Intermediaries - Renewable Energy Generation
Project Description
The proposed project (the Project ) consists of a 9-year (including 1 year of grace period) investment of up to BRL 250 million investment in one or more series of senior quotas of Sol Agora Green II ESG FIDC ( Sol Agora FIDC or the Fund ), which is a non-recourse vehicle that provides long-term financing to diversified residential clients and small and medium enterprises ( SMEs ) for the acquisition and installation of micro and mini-distributed solar power generation assets in Brazil.
Financing Sources:
2) World Bank (WB)
1818 H Street, NW Washington,
DC 20433 USA
Tel : (202) 473-1000
https://www.worldbank.org/