Power Transmitter Gets BNDES Credit

BNDES has approved Thursday a financing of BRL329m for power transmission company Companhia de Transmissao de Energia Eletrica Paulista. The 2015 facility will pay interest of TJLP+1.8%. CTEEP, the local unit of Colombia’s Interconexion Electrica, will use proceeds for its BRL497m 2008-2010 investment plan.