Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 55 million loan to <i>Companhia Piratininga de Forca e Luz</i> under the <i>BNDES finem</i> scheme (April 2020)

Announcement

29 Apr 2020

In April 2020, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Companhia Piratininga de Forca e Luz.

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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 Apr 2020

Revocation date:

No revocation date

State loan In force

On 29 April 2020, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 298 million (approx. USD 55 million) loan to Companhia Piratininga de Forca e Luz. The loan...

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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 298 million (approx. USD 55 million) loan to Companhia Piratininga de Forca e Luz granted on 29 April 2020 ...

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