Global Trade Alert
Global Trade Alert

Brazil: BNDES launches a new permanent credit line to finance renewable energy equipment

Announcement

27 Sep 2018

The National Bank for Economic and Social Development (i.e. BNDES by the acronym in Portuguese) approved BRL 2 billion to establish a new credit line to finance renewable energy equipment and approved the allocation of another BRL 228 million to the Climate Fund. 

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

27 Sep 2018

Revocation date:

No revocation date

State loan In force

On 27 September 2018, the BNDES has announced the launch of "BNDES Finame Energia Renovável", a new permanent credit line to finance renewable energy equipment. The new financing instrument will count...

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Local content incentive In force

During the launch of the "BNDES Finame Energia Renovável" on 27 September 2018, the BNDES also stated that only new equipment that is nationally produced and that complies with local content requireme...

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