Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 12 million loan to <i>Eolica Serra das Vacas III SA</i> under the <i>BNDES finem</i> scheme (December 2015)

Announcement

23 Dec 2015

In December 2015, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Eolica Serra das Vacas III 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

23 Dec 2015

Revocation date:

No revocation date

State loan In force

On 23 December 2015, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 48 million (approx. USD 12 million) loan to Eolica Serra das Vacas III SA. The loan was ...

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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 48 million (approx. USD 12 million) loan to Eolica Serra das Vacas III SA granted on 23 December 2015 by th...

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