Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 15 million loan to <i>Eolica Umburanas 5 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 5 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 61 million (approx. USD 15 million) loan to Eolica Umburanas 5 SA. The loan was issued un...

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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 61 million (approx. USD 15 million) loan to Eolica Umburanas 5 SA granted on 29 October 2019 by the Nationa...

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