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Brazil: BNDES provides USD 23 million loan to <i>Ventos de Santa Joana XII Energias Renovaveis SA</i> under the <i>BNDES empréstimo ponte</i> scheme (July 2014)

Description

On 10 July 2014, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 51 million (approx. USD 23 million) loan to Ventos de Santa Joana XII Energias Renovaveis SA...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

10 Jul 2014

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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