Lightsource bp, a solar project developer, closed R$800 million (~$148.7 million) financing for its 210 MW of Milagres Solar project in Brazil. Banco do Brasil provided R$423 million (~$78.6 million) debt financing through the Northeast Development Fund, managed by the Brazilian governmental agency Superintendência de Desenvolvimento do Nordeste. Construction of the complex’s transmission system began in December 2021, and construction of the five solar sites that comprise the park began this month, in Abaiara, in the state of Ceará.