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...
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...