The BNDES project finance credit scheme is subject to local content incentives. As such, so is the BRL 18 million (approx. USD 11 million) loan to Pecem II Geracao de Energia SA granted on 28 Septembe...
On 28 September 2010, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 18 million (approx. USD 11 million) loan to Pecem II Geracao de Energia SA. The loan wa...