Rio Energy secures BRL 848 million from National Bank for Economic and Social Development 

Rio Energy has secured BRL 848 million from the National Bank for Economic and Social Development for the construction of a 223 MW wind farm project in Brazil. The project comprises eight wind farms, which will be built in the Bahia-located Serra da Babilônia Complex. The wind farms will be located across the Morro do Chapéu and Várzea Nova municipalities. The Serra da Babilônia wind farm project, which will feature 95 units of Wobben E-92 wind turbines, is likely to begin commercial operations in November 2018.