Iberdrola signs new 128 million green loan with EIB to modernize Brazil's power grid

FinanceInternationalTradingViewOct 22, 2026, 10:44 AM35 s readAI summary

Iberdrola, through its Brazilian subsidiary Neoenergia, signed a green loan with the European Investment Bank worth 857 million reais (about 128 million euros) to expand and modernize Neoenergia Elektro's distribution grids in São Paulo and Mato Grosso do Sul. The financing, guaranteed by Cesce, will fund the renewal of lines, substations and control systems, increase automation and reduce technical losses. It is the second green agreement with the EIB in less than a year.

In 35 seconds

The green loan totals 857 million reais, about 128 million euros, and is guaranteed by Cesce.
The funds will expand and modernize Neoenergia Elektro's grids in São Paulo and Mato Grosso do Sul.
Works include renewing lines and substations, increasing automation and reducing technical losses.

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IASummary generated by artificial intelligence from a story by TradingView. It may contain errors: the original source prevails.

Iberdrola
Neoenergia
BEI
préstamo verde
Brasil

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Iberdrola signs new 128 million green loan with EIB to modernize Brazil's power grid

In 35 seconds

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