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Establishing Brazil's first renewables investment fund
1 October 2005
Brazilian investment fund Quality Previdência e Investimentos expects to establish the country's first renewable energy investment fund by the end of the year. It aims to raise BRL 1 billion ($431 million). The fund will provide an alternative source of funding for renewable energy projects to Brazil's development bank, Banco Nacional de Desenvolvimento Econômico e Social (BNDES).
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