Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 13 million loan to <i>Serra dos Cavalinhos II Energetica SA</i> under the <i>BNDES finem</i> scheme (December 2011)

Announcement

14 Dec 2011

In December 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Serra dos Cavalinhos II Energetica SA.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

14 Dec 2011

Revocation date:

No revocation date

Updated: 14 Dec 2011
Local content incentive In force
The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 25 million (approx. USD 13 million) loan to Serra dos Cavalinhos II Energetica SA granted on 14 December 20...
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Updated: 14 Dec 2011
State loan In force
On 14 December 2011, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 25 million (approx. USD 13 million) loan to Serra dos Cavalinhos II Energetica SA. The l...
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