USD 123.5 Million in Credit Approved to Advance Energy Transition at the Pecém Complex

Brazil’s Federal Senate approved two credit operations totaling USD 123.5 million (approximately BRL 630 million), with the funds to be allocated to the Pecém Complex under the Pecém Verde Program, which focuses on the energy transition.

Of the approved amount, USD 90 million will come from the International Bank for Reconstruction and Development (IBRD), a member of the World Bank Group, and USD 33.5 million from the Climate Investment Fund (CIF). The investment will enable the implementation of strategic infrastructure for the green hydrogen supply chain in Ceará, reinforcing the Pecém Complex’s leading role in the global decarbonization agenda.

The funds will be used for structural projects within the complex, including the implementation of service corridors for transporting water, energy, and green ammonia between the Ceará Export Processing Zone and the port; the expansion of the Multipurpose Terminal (TMUT) with a new docking berth; and the modernization and expansion of Berth 2 for the handling and export of green ammonia.

With these investments, Pecém will expand its logistics and industrial capacity, creating conditions to attract new projects focused on the production of green hydrogen and its derivatives, while also strengthening integration between the port, industry, and export processing zone.

The president of the Pecém Complex, Max Quintino, celebrated the approval of the funds and stated: “The approval of this financing represents a milestone for the future of the Pecém Complex and Ceará. These resources enable modern and integrated infrastructure, which is essential for the development of the green hydrogen chain and for consolidating Pecém as an international hub for clean energy and sustainable logistics.”

“We are preparing Ceará to attract new investments, expand its industrial competitiveness, generate skilled jobs, and take a leading position in the global energy transition,” added Max Quintino.

Source: Portal Portuário

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