Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 794 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.

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 Dec 2012

Revocation date:

No revocation date

State loan In force

On 18 December 2012, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 1626 million (approx. USD 794 million) loan to Norte Energia SA. The loan was issued und...

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Local content incentive In force

The BNDES project finance credit scheme is subject to local content incentives. As such, so is the BRL 1626 million (approx. USD 794 million) loan to Norte Energia SA granted on 18 December 2012 by th...

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