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Delta Energia raises R$250 million for 20 shared DG photovoltaic plants

The Delta Energia Group announced, this Friday (17/5), the raising of R$ 250 million with the structuring of Certificates of Real Estate Receivables (CRI) for distributed generation to build 20 solar plants in the states of SP, RJ, MS and DF.

The structuring of the CRIs was coordinated by Banco Modal, from XP Inc., and One Corporate and is considered the largest DG in Brazil.

The operation had a total demand, throughout the fundraising period, of R$737 million, almost four times the initial offer. Institutional investors represented 66% of orders in the bookbuilding process .

Fabio Fukuda , responsible for operations at XP, explains that the impact on rates was significant, reaching a reduction of up to 1.2% per year

The paper has a duration of up to 8 years and can be traded on the secondary market. The financing resources will be used for the construction of 20 photovoltaic solar plants focused on micro and mini distributed generation (MMGD).

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