Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 14 million loan to <i>Rio Grande Energia SA</i> under the <i>BNDES finem</i> scheme (October 2012)

Announcement

18 Oct 2012

In October 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Rio Grande Energia 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

18 Oct 2012

Revocation date:

No revocation date

State loan In force

On 18 October 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 29 million (approx. USD 14 million) loan to Rio Grande Energia SA. The loan was issued un...

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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 29 million (approx. USD 14 million) loan to Rio Grande Energia SA granted on 18 October 2012 by the Nationa...

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