Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 20 million loan to <i>Argo II Transmissao de Energia SA</i> under the <i>BNDES finem</i> scheme (July 2019)

Announcement

08 Jul 2019

In July 2019, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Argo II 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

08 Jul 2019

Revocation date:

No revocation date

Updated: 08 Jul 2019
Local content incentive In force
The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 76 million (approx. USD 20 million) loan to Argo II Transmissao de Energia SA granted on 8 July 2019 by the...
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Updated: 08 Jul 2019
State loan In force
On 8 July 2019, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 76 million (approx. USD 20 million) loan to Argo II Transmissao de Energia SA. The loan was i...
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