Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 54 million loan to <i>Parnaiba II Geracao de Energia SA</i> under the <i>BNDES project finance</i> scheme (October 2015)

Announcement

02 Oct 2015

In October 2015, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Parnaiba II Geracao de 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

02 Oct 2015

Revocation date:

No revocation date

State loan In force

On 2 October 2015, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 213 million (approx. USD 54 million) loan to Parnaiba II Geracao de Energia SA. The loan w...

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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 213 million (approx. USD 54 million) loan to Parnaiba II Geracao de Energia SA granted on 2 Octob...

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