Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 22 million loan to <i>Sao Roque Energetica SA</i> under the <i>BNDES finem</i> scheme (August 2014)

Announcement

28 Aug 2014

In August 2014, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Sao Roque Energetica 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

28 Aug 2014

Revocation date:

No revocation date

State loan In force

On 28 August 2014, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 50 million (approx. USD 22 million) loan to Sao Roque Energetica SA. The loan was issued u...

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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 50 million (approx. USD 22 million) loan to Sao Roque Energetica SA granted on 28 August 2014 by the Nation...

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