BNDES says that R$193.9m will be made available to Santander bank to develop three of the projects with 64MW installed capacity that the bank is controls in Ceará in a partnership with Spanish group Abengoa.

The projects should have been ready in early 2014, but are delayed.

In southern Rio Grande do Sul, BNDES approved a R$32.3m loan to the Brazilian engineering group, Oleoplan, to build the 11.2MW,