Eve Air Mobility receives $100 million ESG financing guarantee from Bradesco Bank

Eve Mobilidade Aerea Urbana, a subsidiary of Eve Air Mobility and a spinoff from Embraer, has concluded its first ESG financing guarantee operation with Bradesco Bank, which is aligned with the Green Loan Principles set out in 2023. The principles follow a set of guidelines for structuring loan operations for sustainability purposes. The funding agreement guarantees R$490 million (over $100 million) and will be allocated exclusively to the development of Eve’s electric vertical take off and landing aircraft (eVTOL). The line of credit was approved by Brazil’s National Development Bank (BNDES) from the finem line and the climate fund, which