Xingu Rio Transmissora de Energia S.A.’s $1.440 Million Loan


Stocche Forbes advised on the transaction

Xingu Rio Transmissora de Energia S.A. secured a $1.440 Million Loan from Banco Nacional de Desenvolvimento Econômico e Social.

Proceeds will be used to develop Belo Monte power production plant to 79 Municipalities.

Xingu Rio Transmissora de Energia S.A. provides public transmission services through the construction, deployment, operation, and maintenance of electricity transmission facilities in Brazil. The company operates as a subsidiary of State Grid Brazil Holding S.A.

Stocche Forbes advised Xingu Rio Transmissora Grid S.A. and State Grid with Frederico Moura (Picture) and Yves Dutra.

Involved fees earner: Yves Dutra – Stocche Forbes Advogados; Frederico Moura – Stocche Forbes Advogados;

Law Firms: Stocche Forbes Advogados;

Clients: State Grid Brazil Holding S.A.; Xingu Rio Transmissora Grid S.A. ;