Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 588 million loan to <i>Norte Energia SA</i> under the <i>BNDES project finance</i> scheme (December 2012)

Announcement

18 Dec 2012

In December 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Norte Energia SA.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

18 Dec 2012

Revocation date:

No revocation date

Updated: 18 Dec 2012
Local content incentive In force
The BNDES project finance credit scheme is subject to local content incentives. As such, so is the BRL 1204 million (approx. USD 588 million) loan to Norte Energia SA granted on 18 Decem...
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Updated: 18 Dec 2012
State loan In force
On 18 December 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 1204 million (approx. USD 588 million) loan to Norte Energia SA. The loan was iss...
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