Italy supports Electric Energy in Brazil: SACE Push strategy with Eletrobras

SACE announces a new 400-million-dollar Push Strategy operation alongside Eletrobras, the main Brazilian electricity company and the largest in Latin America, with the aim of facilitating new opportunities for Made in Italy exports to Brazil in the energy sector, with a special focus on renewables.

SACE has guaranteed a total loan of 400 million dollars, provided by a pool of international banks coordinated by Citi. This funding is intended to support Eletrobras’ impressive growth plans in the next years. The operation is aimed at increasing business opportunities for Italian companies, in particular SMEs, facilitating their access to the Brazilian market through Business Matching activities that will take place commencing in 2025.

The Push Strategy product provided by SACE offers Italian companies an entry passport to international markets, guaranteeing financing to foreign counterparts who undertake to increase purchases of goods and services from Italy. Business Matching events, a key element of the strategy organized by SACE in collaboration with the main players of the country system, facilitate targeted meetings between Italian and foreign companies aimed at developing new collaborations and expanding export opportunities.

"We are proud to work alongside Eletrobras in this first operation with an export credit guarantee, leading the way in facilitating the growth of Made in Italy in high potential sectors such as hydroelectric, wind, and green hydrogen," declared Michal Ron, Chief International Officer of SACE - The Push Strategy confirms itself as a strategic operation to create new opportunities for the export of our SMEs, whilst strengthening the relationships with leading foreign counterparts".