June 16, 2020 / 12:40 AM / a month ago

Engie Brasil Energia signs 2.51 bln reais loan deal with BNDES -filing

RIO DE JANEIRO, June 15 (Reuters) - Engie Brasil Energia SA has signed a financing agreement worth 2.51 billion reais ($487 million) with development bank BNDES for a transmission lines project, according to a securities filing on Monday.

The loan will be used to finance its Novo Estado transmission lines project, the company said.

$1 = 5.1557 reais Reporting by Gabriel Stargardter; Editing by Tom Hogue

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