Global Trade Alert
Global Trade Alert

Brazil: BNDES approves funding for EDF and Canadian Solar

Announcement

11 May 2017

The National Bank for Economic and Social Development (i.e. BNDES by the acronym in Portuguese) approved a loan to EDF and Canadian Solar for solar energy generation.

Source

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Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

11 May 2017

Revocation date:

No revocation date

Updated: 11 May 2017
Local content incentive In force

One key aspect of the funding provided by the BNDES to EDF Energies Nouvelles and Canadian Solar for the development of the Pirapora Solar Complex is that the funding was conditional...

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Updated: 11 May 2017
State loan In force

The credit line provided to EDF Energies Nouvelles and Canadian Solar for the development of the Pirapora Solar Complex in Minas Gerais that was announced on 11 May 2017, was complemented...

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Updated: 11 May 2017
State loan In force

On 11 May 2017, the BNDES has announced the allocation of BRL 529 million (circa USD 168 million at the time of the announcement) to EDF Energies Nouvelles and Canadian Solar. The objecti...

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