Announcement
23 Oct 2020
The National Bank for Economic and Social Development of Brazil (i.e. BNDES by its acronym in Portuguese) approved a loan of BRL 194 million to finance the construction of two solar farms own by Powertis S.A.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
23 Oct 2020
Revocation date:
No revocation date
Updated: 23 Oct 2020
Local content incentive
In force
The finance conditions of the BNDES for energy projects establish concrete local content requirements. In terms of solar energy, the development bank establishes that the photovoltaic cells used in...
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Updated: 23 Oct 2020
State loan
In force
On 23 October 2020, the BNDES announced the approval of a BRL 194 million loan (ca. USD 34.6 million) to Powertis S.A., a Spanish company, part of the Brazilian energy group Soltec Brasil Ind&...
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