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The proceeds of the five-year green bond will finance investments in projects including renewable energy, green buildings and energy efficiency
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The project consists of a 1.3GW CCGT plant, an LNG import terminal, a transmission line and the expansion of an existing substation
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It will provide technical assistance and support the development of innovative funds to mobilise investor capital
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It will be used to promote environmentally-friendly projects and fight climate change
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The IFC, a member of the World Bank, will manage the funding from the EU and Germany
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The funding will help develop, build and operate a thermal power plant in the Port of Sergipe
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