United States, Oct. 22 -- The Inter-American Development Bank (IDB) approved a financing package for Banco do Nordeste do Brasil S.A. (BNB) to expand the integration of renewable energy of Brazil's Northeast region with the national grid. The $67 million funding will be provided by the IDB and the other half by the Renewable Energy Integration Program of the Climate Investment Funds (CIF-REI) in equal parts.This new operation, approved by the IDB's Executive Board, will allow BNB to increase financing for projects focused on integrating renewable sources into the national electric grid. The initiative aims to strengthen the flexibility and reliability of energy supply amd to promote a more efficient and resilient electric system. Implementa...