Apodi Solar L/C signed

A club of banks have provided a BRL477.4 million ($144.8 million) four-year letter of credit as a guarantee to backstop a loan from Banco do Nordeste (BNB) to the 235MW Apodi Solar project in Brazil. The deal signed on 8 March with the guarantee provided by ING Bank, Banco Santander, BNP Paribas,...