The BNDES project finance credit scheme is subject to local content incentives. As such, so is the BRL 73 million (approx. USD 42 million) loan to Itaqui Geracao de Energia SA granted on 16 December 2...
On 16 December 2009, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 73 million (approx. USD 42 million) loan to Itaqui Geracao de Energia SA. The loan was i...