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Brazil: BNDES provides USD 48 million loan to <i>Ute Gna II Geracao de Energia SA</i> under the <i>BNDES finem</i> scheme (November 2020)

Description

On 30 November 2020, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 255 million (approx. USD 48 million) loan to Ute Gna II Geracao de Energia SA. The loan ...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

30 Nov 2020

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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