Global Trade Alert
Global Trade Alert

Brazil: BNDES to grant USD 343 million for 247 wind turbines

Announcement

14 Oct 2015

On 14 October 2015, the Brazilian Development Bank BNDES announced that it is going to provide a credit for the construction of three wind parks at the Complexos Eólicos Chapada do Piauí. The financing for these farms entails the condition to source part of the construction inputs from Brazil.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

14 Oct 2015

Revocation date:

No revocation date

Last action: 14 Oct 2015
State loan In force
Brazilian Development Bank BNDES announced that it is going to provide a credit of 1.3 billion real (USD 343 million) for the construction of three wind parks at the Complexos Eólicos Chapada do Piauí...
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Last action: 14 Oct 2015
Local content incentive In force
In the 3 windfarm projects with a total financing volume of USD 343 million, the Brazilian Development Bank imposes strict local content requirements on the production of wind turbines, e.g., towers a...
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