Public consultation of the tender documents will start on 9 July 2012 and will last until 9 August 2012. The tender is expected for September 2012
The location of the project was announced by the Governor of Ceará, Cid Gomes. A public private partnership is under study
IFC structured the financing and is providing a long-term loan of $97 million. IFC also mobilized $582 million for the $908 million project through its syndication program from: BNP Paribas, Credit Agricole, DnB Nor Bank, ING Capital, KFW Ipex Bank and Banco Santander