Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 236 million loan to <i>Belo Monte Transmissora de Energia Spe SA</i> under the <i>BNDES finem</i> scheme (March 2017)

Announcement

17 Mar 2017

In March 2017, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Belo Monte Transmissora de Energia Spe 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

17 Mar 2017

Revocation date:

No revocation date

State loan In force

On 17 March 2017, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 748 million (approx. USD 236 million) loan to Belo Monte Transmissora de Energia Spe SA. Th...

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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 748 million (approx. USD 236 million) loan to Belo Monte Transmissora de Energia Spe SA granted on 17 March...

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