Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 26 million loan to <i>Eurus II Energias Renovaveis SA</i> under the <i>BNDES finem</i> scheme (December 2014)

Announcement

18 Dec 2014

In December 2014, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Eurus II Energias Renovaveis 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 2014

Revocation date:

No revocation date

State loan In force

On 18 December 2014, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 70 million (approx. USD 26 million) loan to Eurus II Energias Renovaveis SA. The loan wa...

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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 70 million (approx. USD 26 million) loan to Eurus II Energias Renovaveis SA granted on 18 December 2014 by ...

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