Global Trade Alert
Global Trade Alert

Brazil: BNDES allocates USD 454 million to energy company

Announcement

21 Dec 2018

The National Bank for Economic and Social Development (i.e. BNDES by the acronym in Portuguese) approved a loan to UTE GNA I Geração de Energia.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

21 Dec 2018

Revocation date:

No revocation date

Updated: 21 Dec 2018
State loan In force

On 21 December 2018, the BNDES announced the allocation of BRL 1.76 billion (over USD 454 million at the time of the announcement) to UTE GNA I Geração de Energia S.A.

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