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Home / News / Market & Investments / AXS Energia closes US$31,3 million transaction to finance 14 plants

AXS Energia closes US$31,3 million transaction to finance 14 plants

PV systems will be built in four states - totaling an installed capacity of 39,7 MWp
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  • Photo by Mateus Badra Mateus Badra
  • May 22, 2024, at 11:03 PM
1 min 21 sec read
AXS Energia closes transaction worth US$31,3 million
Initiative marks a significant step in the expansion of renewable energy infrastructure in Brazil. Image: AXS Energia/Disclosure

A AXS Energy – member of the Roca group in the renewable energy sector – confirmed a new long-term operation, consolidated in the first quarter of 2024, for the financing of photovoltaic plants in the form of distributed micro and minigeneration. The total value was $31,3M monthly.

The operation via credit loan taken by AXS Delaware (subsidiary of AXS Energia) with funds from the group CIFI e Triodes enabled the resource for the national territory with a focus on the construction of 14 solar plants in the states of Mato Grosso, Minas Gerais, São Paulo and Paraná, containing the installed capacity of 39,7 MWp. The process had the lead coordinator at XP Investimentos.

“This operation represents yet another important step in AXS’ mission which is to promote clean and sustainable energy in Brazil, through shared solar energy, also adding to the generation of jobs and the economy of the regions where the plants operate”, he said Eduardo Coutinho, commercial director of AXS Energia.

According to the company, projections indicate that the initiative could mitigate more than 40 thousand tons of CO2 in the atmosphere annually. It is still expected to generation of more than 760 jobs directly and indirectly, boosting the local economy and the communities involved.

Viability

The financing was made possible by the CIFI Group, an institution with experience in infrastructure projects in Latin America and the Caribbean. Since its founding in 2001, the CIFI Group has already analyzed more than 600 projects e participated in more than 200 transactions, totaling a value of more than US$2,0 billion. 

all the content of Canal Solar is protected by copyright law, and partial or total reproduction of this site in any medium is expressly prohibited. If you are interested in collaborating or reusing part of our material, please contact us by email: redacao@canalsolar.com.br.

Financing Brazilian solar energy market solar power plants solar power plants
Photo by Mateus Badra
Mateus Badra
Journalist graduated from PUC-Campinas. He worked as a producer, reporter and presenter on TV Bandeirantes and Metro Jornal. He has been following the Brazilian electricity sector since 2020.
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Answers of 4

  1. Marcelo said:
    25 May 2024 to 23: 06

    Congratulations on the report and also to the company that will be bringing savings to people and sustainability to the environment in our country.

    I have been part of this distributed GD Geração project since October last year. Our company has more than 100 plants already installed in Brazil and generating energy credits. I can register the customer at one of our plants and send energy credits to their home or business.

    Anyone who wants to know our project as a client or investor just call me on Watts 51984863327.

    Reply
  2. Antonio Rajão said:
    24 May 2024 to 18: 55

    Matheus, how are you? In Minas, Cemig has been making it difficult to grant access to the network, have you thought about this possibility of difficulty?

    Reply
  3. John Bosco dos Santos said:
    23 May 2024 to 19: 02

    How do I apply for one of the vacancies?

    Reply
  4. Gutenberg done said:
    22 May 2024 to 18: 09

    beautiful work.

    Reply

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