Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 16 million loan to <i>Aes Tiete Eolica SA</i> under the <i>BNDES finem</i> scheme (June 2014)

Announcement

04 Jun 2014

In June 2014, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Aes Tiete Eolica 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

04 Jun 2014

Revocation date:

No revocation date

State loan In force

On 4 June 2014, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 34 million (approx. USD 16 million) loan to Aes Tiete Eolica SA. The loan was issued under th...

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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 34 million (approx. USD 16 million) loan to Aes Tiete Eolica SA granted on 4 June 2014 by the National Bank...

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