Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 16 million loan to <i>Ventos de Sao Clemente II Energias Renovaveis SA</i> under the <i>BNDES finem</i> scheme (December 2015)

Announcement

15 Dec 2015

In December 2015, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Ventos de Sao Clemente II Energias Renovaveis 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

15 Dec 2015

Revocation date:

No revocation date

State loan In force

On 15 December 2015, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 61 million (approx. USD 16 million) loan to Ventos de Sao Clemente II Energias Renovavei...

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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 61 million (approx. USD 16 million) loan to Ventos de Sao Clemente II Energias Renovaveis SA granted on 15 ...

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