Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 15 million loan to <i>Vazante I Energias Renovaveis SA</i> under the <i>BNDES project finance</i> scheme (May 2018)

Announcement

22 May 2018

In May 2018, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Vazante I Energias Renovaveis 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

22 May 2018

Revocation date:

No revocation date

State loan In force

On 22 May 2018, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 55 million (approx. USD 15 million) loan to Vazante I Energias Renovaveis SA. The loan was is...

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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 55 million (approx. USD 15 million) loan to Vazante I Energias Renovaveis SA granted on 22 May 20...

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