Announcement
02 Jan 2020
The National Bank for Economic and Social Development of Brazil (i.e. BNDES by its acronym in Portuguese) approved a loan of BRL 1.3 billion to Força Eólica do Brasil S.A., a company of Iberdrola.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
02 Jan 2020
Revocation date:
No revocation date
Updated: 02 Jan 2020
Local content incentive
In force
The finance conditions of the BNDES for energy projects establish concrete local content requirements. In terms of wind power, the development bank establishes the following requirement from which ...
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Updated: 02 Jan 2020
State loan
In force
On 2 January 2020, the BNDES announced the approval of a BRL 1.3 billion loan (circa USD 322 million at the time of the announcement). The beneficiary was Força Eólica do Brasil ...
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