Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 18 million loan to <i>Caetite 2 Energia Renovavel SA</i> under the <i>BNDES finem</i> scheme (July 2012)

Announcement

03 Jul 2012

In July 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Caetite 2 Energia Renovavel SA.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

03 Jul 2012

Revocation date:

No revocation date

State loan In force

On 3 July 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 37 million (approx. USD 18 million) loan to Caetite 2 Energia Renovavel SA. The loan was issu...

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Local content incentive In force

The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 37 million (approx. USD 18 million) loan to Caetite 2 Energia Renovavel SA granted on 3 July 2012 by the Na...

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