Brazil: BNDES provides USD 107 million loan to <i>Ute Gna I Geracao de Energia SA</i> under the <i>BNDES debentures sustentaveis e de infraestrutura</i> scheme (July 2021)

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Description

On 22 July 2021, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 550 million (approx. USD 107 million) loan to Ute Gna I Geracao de Energia SA. The loan was ...

Intervention Details

Intervention Type

Debt purchase

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

22 Jul 2021

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

Eligible firms

firm-specific

Affected Trading Partners

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