Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 138 million loan to <i>Novo Estado Transmissora de Energia SA</i> under the <i>BNDES finem</i> scheme (June 2020)

Announcement

22 Jun 2020

In June 2020, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Novo Estado Transmissora de Energia 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

22 Jun 2020

Revocation date:

No revocation date

State loan In force

On 22 June 2020, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 755 million (approx. USD 138 million) loan to Novo Estado Transmissora de Energia SA. The lo...

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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 755 million (approx. USD 138 million) loan to Novo Estado Transmissora de Energia SA granted on 22 June 202...

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