Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 50 million loan to <i>Phoenix Geracao de Energia SA</i> under the <i>BNDES project finance</i> scheme (December 2017)

Announcement

14 Dec 2017

In December 2017, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Phoenix Geracao de Energia SA.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

14 Dec 2017

Revocation date:

No revocation date

Updated: 14 Dec 2017
Local content incentive In force
The BNDES project finance credit scheme is subject to local content incentives. As such, so is the BRL 166 million (approx. USD 50 million) loan to Phoenix Geracao de Energia SA granted on 14 December...
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Updated: 14 Dec 2017
State loan In force
On 14 December 2017, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 166 million (approx. USD 50 million) loan to Phoenix Geracao de Energia SA. The loan was...
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