Santander launches a line for sustainable building

he release catalyst for projects without a certificate is having 10% of the work ready.

A year ago, Itaú launched a line for certified construction companies, Plano Empresarial Verde

06/23/2022

Santander launched a financing line for construction companies and developers, of the Business Plan type, with benefits for residential projects that got sustainability certification. The seals accepted are the Aqua-HQE, granted by the Vanzolini Foundation, and the GBC Brasil Condomínio, from the Green Building Council (GBC), the same commodity responsible for the Leed certificates, popular among high-end corporate buildings.

As explained by Sandro Gamba, director of real estate business at Santander, companies that are accepted will be able to finance up to 100% of the costs, with the release of funds from 1% of completion of the project. The release catalyst for projects without a certificate is having 10% of the work ready.

Source: Valor Econômico

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