Global Trade Alert
Global Trade Alert

Brazil: BNDES provides USD 11 million loan to <i>Sol do Sertao Ob II Energia Solar Ltda</i> under the <i>BNDES finem</i> scheme (October 2020)

Announcement

30 Oct 2020

In October 2020, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a loan to Sol do Sertao Ob II Energia Solar Ltda.

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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 Oct 2020

Revocation date:

No revocation date

State loan In force

On 30 October 2020, the National Bank for Economic and Social Development (BNDES in Portuguese) provided a BRL 66 million (approx. USD 11 million) loan to Sol do Sertao Ob II Energia Solar Ltda. The l...

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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 66 million (approx. USD 11 million) loan to Sol do Sertao Ob II Energia Solar Ltda granted on 30 October 20...

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