Since the 1940s, the Brazilian government has been supporting local development by providing flexible financing to developers. The main development bank in Brazil is the National Bank for Social and Economic Development (BNDES) which was founded in 1952. It offers loans at more favourable rates than commercial lenders.

The senior debt loan for the project was provided by BNDES. As BNDES is willing to take on more risk than private commercial banks, its financing solutions provided better and more attractive interest rates. The solutions provided by the bank made the project commercially feasible for the Project Company.