Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 10 million loan to <i>Energia dos Ventos X SA</i> under the <i>BNDES project finance</i> scheme (February 2016)

Announcement

11 Feb 2016

In February 2016, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Energia dos Ventos X 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

11 Feb 2016

Revocation date:

No revocation date

State loan In force

On 11 February 2016, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 40 million (approx. USD 10 million) loan to Energia dos Ventos X SA. The loan was issued...

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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 40 million (approx. USD 10 million) loan to Energia dos Ventos X SA granted on 11 February 2016 b...

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