en.Wedoany.com Reported - Casa dos Ventos has completed a $1.1 billion international financing transaction to fund the construction of the Ibiapaba wind complex in Ceará, the Dom Inocêncio wind complex in Piauí, and the Paraíso solar project in Mato Grosso do Sul.

These assets have secured long-term power sales contracts totaling approximately $2.5 billion, supplying Ascenty (a data center infrastructure company controlled by Canada's Brookfield and Digital Realty) and Omnia (which serves the energy needs of China's ByteDance, the parent company of the TikTok platform).

The transaction was executed through two simultaneous bond issuances by a wholly-owned subsidiary of Casa dos Ventos. The first issuance was for $825 million, with a 24-year term and full amortization; the second was for $252 million, with a 17-year term and partial amortization. The transaction attracted 23 institutional investors, including insurance companies, asset managers, and pension funds.

Lucas Araripe, CEO of Casa dos Ventos, stated that this financing is a milestone for the company, enhancing its ability to access international markets on competitive terms.

Ivan Hong, the company's CFO, noted that strong investor demand reflects international capital's interest in Brazilian energy infrastructure projects. Hong added that the company received exceptional acceptance in the U.S. capital market, with demand exceeding expectations and attracting dozens of top-tier institutional investors, confirming the robustness of the company's business model and global investors' trust in Brazilian infrastructure assets with high cash flow predictability. Accessing the private placement market enabled the company to raise record funds and secure long tenors and favorable financial conditions, which will help optimize its capital structure in the coming years.

The transaction also drew attention from partner TotalEnergies. Stéphane Michel, President of Gas, Renewables and Power at the company, stated that Brazil holds a strategic position in the group's integrated energy model expansion. Michel said Brazil is a key market for TotalEnergies to implement its integrated energy model in the power sector, and through its partnership with Casa dos Ventos, the company is well-positioned to meet the growing demand from data centers, as evidenced by the recent long-term contract signed with ByteDance, supported by over 900 megawatts of wind capacity.

Stéphane Michel believes that this $1.1 billion private debt issuance will accelerate the development of Casa dos Ventos' projects and expand the supply of renewable energy to large digital consumers.

The transaction was coordinated by BNP Paribas, Goldman Sachs, and MUFG as bond placement arrangers. White & Case served as legal counsel to Casa dos Ventos and TotalEnergies, while Clifford Chance and Mattos Filho advised the investors.

The bonds were issued through a private placement to qualified institutional investors. The related notes have not been registered under the laws of the United States, Brazil, or any other jurisdiction, and may not be offered or sold without proper registration or compliance with applicable exemptions. The announcement also emphasizes that this disclosure does not constitute an offer to sell or a solicitation to purchase the bonds issued.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com