Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 31 million loan to <i>Serra do Facao Energia SA</i> under the <i>BNDES project finance</i> scheme (February 2010)

Announcement

01 Feb 2010

In February 2010, 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

01 Feb 2010

Revocation date:

No revocation date

Updated: 01 Feb 2010
Local content incentive In force
The BNDES project finance credit scheme is subject to local content incentives. As such, so is the BRL 56 million (approx. USD 31 million) loan to Serra do Facao Energia SA granted on 1 February 2010 ...
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Updated: 01 Feb 2010
State loan In force
On 1 February 2010, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 56 million (approx. USD 31 million) loan to Serra do Facao Energia SA. The loan was issue...
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