Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 18 million loan to <i>Ventos dos Indios Energia SA</i> under the <i>BNDES finem</i> scheme (February 2014)

Announcement

13 Feb 2014

In February 2014, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Ventos dos Indios Energia SA.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

13 Feb 2014

Revocation date:

No revocation date

State loan In force

On 13 February 2014, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 42 million (approx. USD 18 million) loan to Ventos dos Indios Energia SA. The loan was i...

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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 42 million (approx. USD 18 million) loan to Ventos dos Indios Energia SA granted on 13 February 2014 by the...

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