Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 239 million loan to <i>Serra do Facao Energia SA</i> under the <i>BNDES project finance</i> scheme (April 2009)

Announcement

06 Apr 2009

In April 2009, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Serra do Facao Energia SA.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

06 Apr 2009

Revocation date:

No revocation date

Updated: 06 Apr 2009
Local content incentive In force
The BNDES project finance credit scheme is subject to local content incentives. As such, so is the BRL 520 million (approx. USD 239 million) loan to Serra do Facao Energia SA granted on 6 April 2009 b...
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Updated: 06 Apr 2009
State loan In force
On 6 April 2009, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 520 million (approx. USD 239 million) loan to Serra do Facao Energia SA. The loan was issued...
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