Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 24 million loan to <i>Usina de Energia Fotovoltaica Araxa SA</i> under the <i>BNDES finem</i> scheme (October 2020)

Announcement

29 Oct 2020

In October 2020, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Usina de Energia Fotovoltaica Araxa 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 2020

Revocation date:

No revocation date

State loan In force

On 29 October 2020, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 139 million (approx. USD 24 million) loan to Usina de Energia Fotovoltaica Araxa SA. The ...

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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 139 million (approx. USD 24 million) loan to Usina de Energia Fotovoltaica Araxa SA granted on 29 October 2...

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