Renewable Energy Financing of the Year award for Mendubim in Brazil

Exciting News! We are thrilled to announce that we have been honoured with the prestigious Renewable Energy Financing of the Year award for the Mendubim Renewables Financing by LatinFinance!

We are proud to receive this recognition for our 531-megawatt solar project in Brazil, together with our project partners Equinor ASA and Hydro Rein and financing partners IDB Invest, BNP Paribas and Santander. It reflects our dedication to transforming the renewable energy landscape. This award highlights our commitment to innovation, sustainability, and creating a greener future.

“We are making significant strides with the Mendubim solar project, propelling Brazil to the forefront of the global clean energy revolution. By harnessing the power of the sun, this project is not just about generating electricity; it’s about shaping a sustainable future for Brazil and the world. The Mendubim project stands for innovation, highlighting the potential of solar energy in meeting our growing energy needs while reducing our carbon footprint,” says CEO Terje Pilskog.

“This acknowledgment underscores our dedication to innovation and adaptability within the renewable energy sector. We excel in providing customized solutions, spanning from project inception to operation, which encompass distinctive financing alternatives. Our partnership with the Inter-American Development Bank for Mendubim exemplifies our proficiency in securing competitive financing via dollar-denominated Power Purchase Agreements (PPAs),” says Brazil Country Manager Axel Holmberg.

Why Renewable Energy Matters:
Renewable energy isn’t just a technology; it’s a game-changer for the planet. By harnessing the power of the sun, wind, and water, we’re reducing carbon emissions, mitigating climate change, and paving the way for a cleaner, healthier tomorrow. This award is a testament to our collective efforts in advancing renewable energy solutions and financing models.

Thank You! We extend our gratitude to LatinFinance for recognising our efforts and to our dedicated team, clients, and partners who have supported us on this journey.

Kudos to the team and their dedication to shaping Brazil’s clean energy landscape.

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