Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 61 million loan to <i>Argo III Transmissao de Energia SA</i> under the <i>BNDES finem</i> scheme (June 2019)

Announcement

03 Jun 2019

In June 2019, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Argo III Transmissao de Energia SA.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

03 Jun 2019

Revocation date:

No revocation date

Updated: 03 Jun 2019
Local content incentive In force
The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 232 million (approx. USD 61 million) loan to Argo III Transmissao de Energia SA granted on 3 June 2019 by t...
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Updated: 03 Jun 2019
State loan In force
On 3 June 2019, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 232 million (approx. USD 61 million) loan to Argo III Transmissao de Energia SA. The loan was...
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