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
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 us by email: [email protected].

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.

Answers of 4

  1. 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 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.

  2. 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?

Leave a comment

Your email address will not be published. Required fields are marked with *

Comments should be respectful and contribute to a healthy debate. Offensive comments may be removed. The opinions expressed here are those of the authors and do not necessarily reflect the views of the author. Canal Solar.

News from Canal Solar in your Email

Posts

Receive the latest news

Subscribe to our weekly newsletter

<
<
Canal Solar
Privacy

This website uses cookies so that we can provide you with the best experience possible. Cookie information is stored in your browser and performs functions such as recognizing you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.