Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 20 million loan to <i>Eolica Umburanas 17 SA</i> under the <i>BNDES finem</i> scheme (October 2019)

Announcement

29 Oct 2019

In October 2019, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Eolica Umburanas 17 SA.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

29 Oct 2019

Revocation date:

No revocation date

State loan In force

On 29 October 2019, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 78 million (approx. USD 20 million) loan to Eolica Umburanas 17 SA. The loan was issued u...

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Local content incentive In force

The BNDES finem credit scheme is subject to local content incentives. As such, so is the BRL 78 million (approx. USD 20 million) loan to Eolica Umburanas 17 SA granted on 29 October 2019 by the Nation...

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