Announcement
20 May 2020
The National Bank for Economic and Social Development of Brazil (i.e. BNDES by its acronym in Portuguese) approved a loan of BRL 1.2 billion to finance the construction of a wind project managed by Engie Brasil.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
20 May 2020
Revocation date:
No revocation date
Updated: 20 May 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: 20 May 2020
State loan
In force
On 20 May 2020, the BNDES announced the approval of a BRL 1.2 billion loan (over USD 210.8 million at the time of the announcement) to Engie Brasil, the largest private electricity p...
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