Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 31 million loan to <i>Chafariz 4 Energia Renovavel SA</i> under the <i>BNDES finem</i> scheme (December 2019)

Announcement

30 Dec 2019

In December 2019, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Chafariz 4 Energia Renovavel SA.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

30 Dec 2019

Revocation date:

No revocation date

State loan In force

On 30 December 2019, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 124 million (approx. USD 31 million) loan to Chafariz 4 Energia Renovavel SA. The loan w...

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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 124 million (approx. USD 31 million) loan to Chafariz 4 Energia Renovavel SA granted on 30 December 2019 by...

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