Japanese bank to finance two 30 MW projects in Ceara

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The Japan Bank for International Co-operation (JBIC) is to finance two 30 MW projects planned for development in Brazil by Mitsubishi Motors do Brasil SA. Located in the municipalities of Paracuru and Camocim, both in the state of Ceara, the projects will cost around $80 million (EUR 61.67 million) if they proceed. Approval is still needed from the Ceara state government.

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