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Brazil: BNDES provides USD 15 million loan to <i>Vazante II Energias Renovaveis SA</i> under the <i>BNDES project finance</i> scheme (May 2018)

Description

On 22 May 2018, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 55 million (approx. USD 15 million) loan to Vazante II Energias Renovaveis SA. The loan was i...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

22 May 2018

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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