The board of directors at Engie Brasil Energia, the local subsidiary of French utility Engie, has cleared company executives to take a R$1bn ($320m) loan from the National Development Bank (BNDES) for the construction of the first 121MW stage of the Campo Largo wind complex.

The finance has yet to be approved by the BNDES and Engie’s board decision is a necessary step for the loan package to advance.