Announcement
07 Jul 2020
The National Bank for Economic and Social Development of Brazil (i.e. BNDES by its acronym in Portuguese) approved a loan of BRL 208 million to finance the construction of a wind project owned by Casa dos Ventos.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
07 Jul 2020
Revocation date:
No revocation date
Updated: 07 Jul 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: 07 Jul 2020
State loan
In force
On 7 July 2020, the BNDES announced the approval of a BRL 208 million loan (over USD 38.8 million at the time of the announcement) to Casa do Ventos, a Brazilian renewable energy producer.
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