“Even if there other capital structures, BNDES will continue to be a significant financier,” said Ligia Chagas, head of its alternative energy department..
BNDES is in discussions with the government, sector players and other banks about its proposal to reduce financing from 70% of a project's capex.
Those talks started two years ago, but accelerated since April after Brazil started impeachment proceedings to oust left-of-center President Dilma Rousseff.
