
Coelba is a Brazilian electricity distribution utility, the country's third-largest and the largest in the North-Northeast.
The **European Investment Bank (EIB)** provides **€150 million** to **Neoenergia** for upgrading electricity distribution networks in **São Paulo and Mato Grosso do Sul, Brazil**. The green loan supports a **€342 million** investment program, set to run from **2027 to 2030**, and is guaranteed by Spain’s export credit agency **Cesce**. This marks the EIB’s first financing for Neoenergia’s grid modernization efforts.
Oct 2026energynews.proNews article
Neoenergia Coelba, a Brazilian electricity distributor under Iberdrola’s Neoenergia subsidiary, obtains **780 million reais** in financing from Japan’s JICA to upgrade Bahia state’s power infrastructure. The funds support grid modernization efforts, improving reliability and capacity for local customers. Neoenergia Coelba operates as part of Iberdrola’s Latin American energy expansion strategy.
Jun 2026megaproject.comNews article
Iberdrola’s Neoenergia Coelba secures a **780 million BRL financing deal** with Japan International Cooperation Agency (JICA). The agreement supports infrastructure projects in Brazil’s energy sector. Terms include long-term funding for renewable and grid expansion initiatives.
Jun 2026TradingViewNews article
Japan International Cooperation Agency (JICA) and Neoenergia Coelba finalize a **764 million reais** financing deal to modernize the electricity grid in Bahia, Brazil. The investment supports infrastructure upgrades for improved reliability and efficiency in the state’s power distribution network. Neoenergia Coelba operates as part of Neoenergia, a major renewable energy and utilities group in Latin America.
Jun 2026BNamericas.comNews article