Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 50 million loan to <i>Passos Maia Energetica SA</i> under the <i>BNDES project finance</i> scheme (April 2011)

Announcement

12 Apr 2011

In April 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Passos Maia Energetica SA.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

12 Apr 2011

Revocation date:

No revocation date

Updated: 12 Apr 2011
Local content incentive In force
The BNDES project finance credit scheme is subject to local content incentives. As such, so is the BRL 79 million (approx. USD 50 million) loan to Passos Maia Energetica SA granted on 12 April 2011 by...
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Updated: 12 Apr 2011
State loan In force
On 12 April 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 79 million (approx. USD 50 million) loan to Passos Maia Energetica SA. The loan was issued ...
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