Global Trade Alert
Global Trade Alert

Brazil: BNDES provides funds for the construction of 13 wind fams

Announcement

01 Oct 2018

The National Bank for Economic and Social Development (i.e. BNDES by the acronym in Portuguese) approved a loan to Cutia Empreendimentos Eólicos S.A.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Oct 2018

Revocation date:

No revocation date

Updated: 01 Oct 2018
Local content incentive In force

The finance conditions of the BNDES for energy project establish concrete local content requirements. In terms of wind power, the development bank establishes the following requirement from which a...

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Updated: 01 Oct 2018
State loan In force

On 1 October 2018, the BNDES announced the allocation of BRL 619.4 million (over USD 154.6 million at the time of the announcement) to Cutia Empreendimentos Eólicos S.A., an en...

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