Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 357 million loan to <i>Ute Gna I Geracao de Energia SA</i> under the <i>BNDES finem</i> scheme (December 2018)

Announcement

20 Dec 2018

In December 2018, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Ute Gna I 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

20 Dec 2018

Revocation date:

No revocation date

Updated: 20 Dec 2018
Local content incentive In force
The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 1382 million (approx. USD 357 million) loan to Ute Gna I Geracao de Energia SA granted on 20 December 2018 ...
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Updated: 20 Dec 2018
State loan In force
On 20 December 2018, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 1382 million (approx. USD 357 million) loan to Ute Gna I Geracao de Energia SA. The loan...
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